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Cadeler signs agreement for offshore wind projects

Cadeler announces a major ship reservation agreement with an undisclosed customer for wind farm installation projects, potentially worth 400 to 700 million euros.

Cadeler signs agreement for offshore wind projects

CountriesDanemark
SectorÉnergie Éolienne, Offshore
ThemeInvestissements & Transactions, Contrats

Cadeler, a key provider of installation and maintenance services for offshore wind energy, has signed a vessel reservation agreement with an undisclosed customer. This four-year agreement could become the largest in Cadeler’ s history if all options are exercised. The value of the projects to be carried out under this agreement is estimated at between 400 and 700 million euros. Work is scheduled to start in 2027, mobilizing a fleet of specialized vessels, including a new A-class vessel currently under construction. Cadeler’s fleet of state-of-the-art offshore wind farm installation vessels will be used to transport and install wind turbine foundations and generators (WTGs). This increased capacity underlines the growing importance of renewable energy initiatives and Cadeler’s central role in the global transition to offshore wind power.

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Énergie Éolienne