Splash247: GT Wings secures Grieg investment to scale wind-propulsion tech

UK-based wind propulsion company GT Wings has announced the close of a significant investment round led by Grieg Kapital, the investment arm of the Grieg Group.

The Grieg Kapital investment included established investment partners, such as Blackfinch Ventures and One Planet Capital.

According to the company, the investment will enable GT Wings’ growth plans, support the broader commercial deployment of its AirWing Jet Sail system, and accelerate the company’s global supply-chain and manufacturing readiness.

“Wind-propulsion is emerging as a transformative technology for decarbonising global shipping, and GT Wings has developed a practical, scalable solution that addresses real operational constraints for shipowners,” said Stian Grieg of Grieg Kapital.

The investment comes as shipowners face increasing pressure to cut emissions intensity, particularly under FuelEU Maritime, which will impose progressively tighter greenhouse-gas intensity requirements from 2025.

The market is at an inflexion point. A DNV white paper on wind-assisted propulsion systems reports 52 ships already in operation and nearly twice as many newbuilds on order. GT Wings believes that this surge in newbuild commitments signals both integration from the design stage and a faster pace of adoption ahead.

Working closely with its partners, GT Wings is preparing for large-scale installation volumes over the coming years, driven by strong demand signals and a rapidly expanding order pipeline.

“Grieg Kapital’s reputation for backing forward-thinking, sustainability-driven technologies aligns closely with our mission. The group’s heritage stems from one of Norway’s most respected maritime industrial families, and the investment strengthens our ability to scale AirWing, as demand for credible decarbonisation solutions continues to grow,” added George Thompson, CEO of GT Wings.