Entrust Global-backed Oslo Merchant Partners Capital to invest €60m in Olympic Subsea.

Entrust Global-backed Oslo Merchant Partners, an alternative investment fund, agreed to invest €60m in Olympic Subsea, a company specializing in subsea. "Olympic has taken a leading role in the transition to environmentally and climate-friendly vessels, and this marks a new milestone in that journey. These vessels will set a new standard for energy consumption and leave an extremely low climate footprint," Stig Remøy, Olympic Subsea Founder and Board Chairman.