Welcome to our dedicated page for Cadeler news (Ticker: CDLR), a resource for investors and traders seeking the latest updates and insights on Cadeler stock.
Cadeler A/S operates as an offshore wind installation vessel contractor, with CDLR American depositary shares each representing four ordinary shares. The company owns and operates jack-up offshore wind installation vessels used for wind turbine generator installation, foundation transportation and installation, maintenance, decommissioning and related offshore construction work.
Recurring company developments include vessel deliveries, fleet utilization, annual and interim earnings, contract awards for transportation and installation work, O&M campaigns through Nexra, financing facilities, private placements, and capital allocation. Cadeler’s updates also cover project activity across offshore wind markets in Europe, Asia-Pacific and the United States.
Cadeler (NYSE:CDLR) has taken delivery of Wind Ace, its eleventh offshore wind installation vessel and second of three A-class newbuilds, from COSCO Shipping Offshore in Qidong, China. The vessel was completed on schedule, within budget, and achieved over 3.5 million working hours without lost time accidents during construction.
Wind Ace’s hybrid A-class design enables both XXL monopile foundation and next‑generation wind turbine generator installation. Following mobilisation, it will be deployed under firm contracts at ScottishPower Renewables’ 960 MW East Anglia TWO offshore wind farm, transporting and installing all 64 turbines and foundations. Cadeler now operates a fleet of eleven installation vessels, with a third A-class vessel, Wind Apex, scheduled for delivery in the first half of 2027.
Cadeler (NYSE: CDLR) has signed an EIFO-backed senior secured green term loan facility of EUR 247 million to partly finance construction of its third A-class offshore wind installation vessel, Wind Apex, scheduled for delivery in Q2 2027. The 12-year loan is classified as green financing under Cadeler's Green Finance Framework and is supported by the Export and Investment Fund of Denmark, with HSBC Singapore coordinating a syndicate including HSBC, KfW IPEX-Bank, Rabobank and DNB Bank.
Cadeler (NYSE:CDLR) has completed installation of all 100 Siemens Gamesa SG 14-222 turbines at the 1.4 GW Sofia Offshore Wind Farm in the UK North Sea for RWE. The project used Cadeler’s new P-class vessel Wind Peak, its first installation campaign.
When fully operational, Sofia is expected to supply annual electricity needs for almost 1.2 million UK homes.
Cadeler (CDLR) reported strong Q1 2026 results with revenue of EUR 125 million, up from EUR 65 million in Q1 2025, and EBITDA rising to EUR 47 million from EUR 24 million. Fleet utilisation was 47.6% across ten vessels, down from 55.3%.
Cadeler maintained its 2026 guidance for revenue of EUR 854–944 million and EBITDA of EUR 420–510 million. The company completed a EUR 175 million private placement to help finance two new T-class vessels and a scour protection vessel, and ended the quarter with an order backlog of EUR 2,705 million.
Cadeler (NYSE:CDLR) has installed the first fully commissioned monopile foundation at Ørsted’s Hornsea 3 offshore wind farm in the UK, a key milestone in one of the world’s largest offshore wind projects.
This is the first of 197 monopile foundations in Cadeler’s full transport and installation scope. Hornsea 3 is expected to reach 2.9 GW capacity, enough to power over 3.3 million UK homes with renewable energy.
The foundation was installed using Cadeler vessels Wind Ally and Wind Orca, with commissioning support from ESVAGT FROUDE and Boston Energy. The project is Cadeler’s first complete T&I scope for offshore monopile foundations and involves deploying three of its specialist installation vessels.
Cadeler (CDLR) completed a private placement of approximately EUR 175 million to fund initial capital commitments for two proposed T-class wind foundation installation vessel newbuilds and a potential scour protection vessel acquisition and conversion.
Payment profiles are expected to be back-loaded with 65% debt financing, limited near-term cash outflows, and no additional equity expected; Cadeler says fleet additions should preserve dividend capacity and shareholder returns while improving T&I competitiveness.
Cadeler (CDLR) published its Annual Report 2025, reporting EUR 620m revenue, EUR 425m EBITDA and EUR 280m net profit as it doubled fleet capacity from five to ten vessels.
The company reports a EUR 2.8bn order backlog, launched Nexra for O&M services, completed five vessel deliveries, and ends 2025 with EUR 343m liquidity.
Cadeler (NYSE:CDLR) announced that Nexra signed an additional firm Operations & Maintenance contract to service two offshore wind farms in Taiwan using the wind installation vessel Wind Maker.
The campaign is expected to run approximately 3–4 months in 2026 and follows a recent separate Nexra O&M award. According to the company, O&M represented roughly one fifth of Cadeler’s 2025 revenue, underscoring aftermarket contribution to fleet utilisation and recurring services.
Cadeler (NYSE:CDLR) announces that Nexra has signed a firm O&M contract in Taiwan with an expected value exceeding EUR 20 million. The campaign will be executed by the vessel Wind Maker across two offshore wind farms, commencing in March 2026 and running for 3–4 months.
Nexra, launched in 2025, focuses on after‑market O&M services; O&M accounted for approximately 20% of Cadeler’s 2025 revenue. The campaign supports Cadeler’s strategy to increase fleet utilisation and expand long‑term aftermarket presence in Asia‑Pacific.
Summary not available.