Cadeler Signs Offshore Wind Turbine Installation Contract for Vessel Wind Scylla

Cadeler announced it has signed an offshore wind turbine installation contract for the vessel Wind Scylla with an undisclosed client.

The contract entails Cadeler’s wind farm installation vessel Wind Scylla and has a value between USD 75 million and USD 150 million, including both the firm period and potential options. Signing of the contract reinforces Cadeler’s position as a key player in the renewable offshore wind energy sector and captures synergies by aiming to lower project-related costs.

Mikkel Gleerup, CEO of Cadeler, says, “This contract showcases Cadeler’s commitment to providing fleet flexibility to our trusted clients, optimizing the chances of project success and completion within time and budget. With our growing fleet of state-of-the-art wind farm installation vessels, Cadeler offers installation solutions to take on the most challenging and complex projects in offshore wind energy.”

The installation work is set to commence in 2025. During the project duration, spanning between 300 and 550 days, the client will utilize Cadeler’s unique team and fleet expertise to complete the work.