Cadeler secures installation vessel reservation deal, orders new ship
- Admin
- May 23, 2024
- 1 min read
Denmark-based offshore wind installation company Cadeler A/S has signed an installation vessel reservation agreement potentially worth between EUR 400 million and EUR 700 million. The deal secures the availability of one or more vessels from Cadeler’s fleet for wind farm installation projects starting in 2027. The company also announced the construction of its third A-class wind farm installation vessel to meet the growing market demand.
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