Cadeler

Cadeler Secures Vessel Capacity for 2029 Wind Turbine Installation Campaign

Business & Finance

Denmark-headquartered Cadeler has signed a preferred supplier agreement to transport and install wind turbine generators (WTGs).

An undisclosed client has signed an agreement with Cadeler to secure vessel capacity for a wind turbine installation campaign scheduled to start in 2029.

According to the company, the effectiveness of the agreement is contingent upon the undisclosed client’s success in a future auction.

Cadeler, a company headquartered in Copenhagen, is a specialist in the transportation and installation of offshore wind turbines and their foundations.

According to its website, the firm has a fleet of four wind turbine installation vessels (WTIVs) in operation with six newbuilds scheduled for delivery through 2026.

In terms of other recent news coming from Cadeler, the company signed a firm contract last month with Inch Cape Offshore Limited, a joint venture between Red Rock Power Limited and ESB, for the installation of 72 Vestas 15 MW wind turbines at the 1.1 GW offshore wind farm in Scotland.

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For the execution of this work, Cadeler will utilise one of its two newbuild M-class installation vessels, the first of which was launched in June at Hanwha Ocean’s shipyard in South Korea.

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