
Cadeler Revenue Rises on Fleet Growth
Cadeler reported higher first-quarter revenue and EBITDA as its expanded offshore wind installation fleet supported activity across key markets.

Cadeler reported higher first-quarter revenue and EBITDA as its expanded offshore wind installation fleet supported activity across key markets.

Cadeler completed the first fully commissioned monopile foundation installation at Ørsted’s Hornsea 3 offshore wind project using the newbuild vessel Wind Ally.

Cadeler has completed mobilisation of Wind Ally and Wind Orca for Hornsea 3, advancing foundation transport and installation work for the 2.9 GW offshore wind project.

ScottishPower and Masdar install the first turbine at East Anglia Three, using 115 m blades, the largest ever deployed in the UK.

The first turbine has been installed at the East Anglia THREE offshore wind farm in the UK, with Cadeler using Wind Osprey to begin a 95-unit installation campaign featuring Siemens Gamesa SG 14-236 turbines.

Excerpt
Sunrise Wind has installed its first turbine offshore New York, keeping the 924 MW project on track for first power later this year and full operations in 2027.

Wind Ace, Cadeler’s A-class offshore installation vessel, has been named at COSCO Shipyard. With 17,600 tonnes payload and NG-20000X design, it supports efficient monopile transport and installation.

Cadeler’s Wind Mover is installing the first turbine of its first transportation and installation campaign at the Baltic Power Offshore Wind Farm, supporting Vestas and Baltic Power in the Polish Baltic Sea.

Cadeler raised about EUR 175 million to support early commitments for two proposed T-class newbuilds and a possible scour protection vessel conversion, while keeping its near-term dividend capacity and capital return path in view.
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