Eneti Inc. has announced that its president, Robert Bugbee, has purchased 90,000 common shares of the company.
He paid an average price of $7.45 per share in the open market.
Eneti Inc. is focused on the offshore wind and marine-based renewable energy industry and has invested in the next generation of wind-turbine installation vessels. The company recently signed an agreement for the construction of one Wind Turbine Installation Vessel, for a contract price of $326 million.