Cadeler books record order for offshore wind construction

Offshore staff

COPENHAGEN, Denmark — Cadeler has clinched an offshore wind farm installation vessel reservation agreement with an unnamed client.

Potentially it could be Cadeler’s largest contract to date, with a potential value (if all options are exercised) in the range of EUR400 million to EUR700 million (US$434 million to $759 million). 

The agreement ensures availability of one or more vessels from the company’s fleet, including a new A Class vessel currently under construction.

Work on the contract is due to start in 2027. The vessels will perform transport and installation of foundations and wind turbine generators.

05.23.2024