Cadeler strikes €360 to €382m worth UK offshore wind deals

Copenhagen-based Cadeler A/S, a specialist in offshore wind installation, operations, and maintenance services, has inked firm contracts for the transportation and installation of 64 x 15MW offshore wind turbine generators.

It also announced the foundations for the East Anglia Two offshore wind farm, being developed by a member of the Iberdrola Group, ScottishPower Renewables, off the coast of the UK.

The aggregate value of these contracts to Cadeler is projected to fall within the range of €360-€382m.

The offshore works are set to commence in 2027, and will see the use of one of Cadeler’s newbuild A-class vessels.

East Anglia Two will be located in the southern region of the North Sea, off the East Coast of England, and is expected to feature 64 x 15MW turbines, with the capacity to power the equivalent of almost one million homes each year.

Cadeler will be responsible for the transportation and installation of both the foundations and the WTGs for East Anglia Two.

The project will see the use of one of Cadeler’s A-class newbuild vessels, together with an O-class vessel from Cadeler’s existing fleet.

Mikkel Gleerup, CEO of Cadeler, said: “With our six newbuilds on their way, Cadeler will deliver even greater flexibility and offer still improved efficiency for our clients, with solutions for even more complex projects.

“The East Anglia TWO project reinforces Cadeler’s strong position as a full-service T&I provider in the foundations space and our pivotal role in driving the transition to renewable offshore wind energy”.