Cadeler News

Cadeler to Install Foundations at Ørsted's Hornsea 3 Offshore Wind Farm

Aug 01, 2022

Danish offshore wind installation contractor Cadeler on Monday said it has signed an agreement with Ørsted for the installation of offshore foundations at the Hornsea 3 offshore windfarm, off the east coast of the U.K.Scheduled to begin in 2026…

Seaway 7 Orders JDR Cables for German Offshore Wind Farm

Aug 11, 2022

Seaway 7, a renewables subsidiary of Subsea 7, has ordered 66kV subsea array cables for the EnBW He Dreiht offshore wind farm in Germany from the subsea cable maker JDR.JDR will supply 100km of 66kV array cable that will connect the 64 wind turbines at the 900MW offshore wind farm…

Cadeler Secures $192,3M Loan to Fund New Offshore Wind Vessels

Jul 01, 2022

Offshore wind installation contractor Cadeler has entered into a Senior Secured Green Revolving Credit Facility (“RCF”) of a 3-year term loan of EUR 185 million (around $192,3 million). Together with the company’s cash and cash equivalents,…

Cadeler's Wind Orca Jack-up to Install 60 14.7MW Turbines at Moray West Offshore Wind Farm

Jun 23, 2022

Offshore wind installation specialist Cadeler has won a contract to install 60 Siemens Gamesa offshore wind turbines off the coast of Scotland.The contract for the installation of the giant SG 14-222 DD offshore wind turbines at the Moray West…

NOV Equipment, Design for Cadeler's Hybrid Offshore Wind Installation Vessel

Jun 28, 2022

NOV confirmed Tuesday it has won contracts for the equipment and design of offshore wind installation firm Cadeler's first F-class jack-up vessel. The recently ordered F-class jack-up, is a custom version of the GustoMSC NG-20000X model designed…

Huisman's Leg Encircling Crane for Another Cadeler Offshore WInd Vessel

Jun 09, 2022

Dutch crane specialist Huisman won a contract with China's COSCO Shipping (Qidong) Offshore Co., Ltd. for the design and construction of a Leg Encircling Crane (LEC).The crane, with a fully electrically driven system, will be installed on the…

Cadeler Orders $345M Offshore Wind Foundation Installation Vessel from COSCO

May 09, 2022

Danish offshore wind installation services provider Cadeler has officially ordered a $345 million offshore wind foundation installation vessel from China's COSCO Heavy Industries.Cadeler first announced the plan to order the F-class vessel last week…

Cadeler Raises $91,25M for Newbuild Wind Turbine Foundation Installation Vessel

May 05, 2022

Danish offshore wind turbine and foundation installation firm Cadeler has raised EUR 86 million (around $91,25M) via a private placement, with the plan to use the cash to fund a part of the construction of a new 'hybrid' offshore wind farm foundation installation vessel…

Vestas to Deliver, Cadeler to Install Giant 15MW Turbines at German Offshore Wind Farm

Jun 07, 2022

Danish wind turbine maker Vestas has secured a conditional order agreement to supply 64 V235-15.0 MW wind turbines for EnBW’s 900 MW He Dreiht offshore wind project in Germany in 2025. In addition, Vestas will deliver a multi-year solution to service the wind project when operational…

Kongsberg's $30M Tech Package for Cadeler's F-Class Foundation Installation Vessel

May 25, 2022

Norwegian marine equipment and technology firm Kongsberg Maritime has signed a contract worth around EUR 28 million (~$29,9 million) with Chinese shipbuilder COSCO Shipping (Qidong) Offshore to deliver a technology package for an F-Class, Foundation…

Cadeler in Talks to Order Offshore Wind Foundation Installation Vessel

May 04, 2022

Danish wind turbine installation company Cadeler is contemplating a private placement of shares to raise funds to pay for a portion of a planned order for a newbuild offshore wind foundation installation vessel (F-Class) vessel.The company, which owns two offshore wind turbine installation vessels…

Offshore Wind Installation Firm Cadeler Names TORM's Hansen Its New CFO

Mar 31, 2022

Offshore wind turbine installation services company Cadeler has appointed Peter Brogaard Hansen as its next Chief Financial Officer (CFO). He will assume his position starting from June 1, 2022.Peter Brogaard Hansen is currently Vice President…

Offshore Installation Firm Cadeler Returns to Profit as Annual Revenue Triples

Mar 29, 2022

Offshore wind installation company Cadeler said its 2021 revenue had tripled compared to 2020. The Danish firm also said it had returned to profitability.The revenue for 2021 totaled EUR 61 million, an increase of 212% against EUR 19.5 million in 2020…

Loaded with 11MW Turbines, Cadeler's Wind Osprey Jack-Up Sets Off for HKZ Wind Farm

Apr 18, 2022

Danish Offshore wind turbine installation firm Cadeler is set to start installing giant 11MW wind turbines at Vattenfall's Hollandse Kust Zuid (HKZ) offshore wind farm in the Dutch North Sea.Cadeler over the weekend said that the Wind Osprey…

Cadeler Secures Work of O-Class Offshore Wind Turbine Installation Vessels

Jan 27, 2022

Offshore wind turbine installation company Cadeler A/S said Thursday it had won an important contract with wind turbine maker Vestas, and entered a reservation agreement with an undisclosed client. 'The agreements ensure optimal utilization…

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