OB:CADLRConstruction
Why Cadeler (OB:CADLR) Is Up 7.1% After Securing €500M Offshore Wind Installation Contracts
Earlier this week, Cadeler announced the signing of two firm contracts worth approximately €500 million for full-scope transportation and installation of wind turbines and foundations on a major offshore wind farm, with work scheduled between 2029 and 2030 and subject to the client’s investment decision.
This milestone, alongside the recent opening of Cadeler’s larger Norwich office to support its expanding UK offshore wind portfolio, highlights the company’s growing project backlog and...