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Cadeler Expands Fleet with Acquisition of Wind Keeper

Story Highlights
  • Cadeler acquires a new jack-up wind turbine installation vessel to expand its fleet.
  • The acquisition is expected to enhance Cadeler’s operational capacity and financial performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Elevate Your Investing Strategy:

An announcement from Cadeler A/S Sponsored ADR ( (CDLR) ) is now available.

On May 22, 2025, Cadeler announced the acquisition of the Boqiang 3060, a newly-constructed jack-up wind turbine installation vessel, from Shanghai Boqiang Heavy Industry Group. The vessel, to be renamed Wind Keeper, is equipped with advanced European technology and is expected to enhance Cadeler’s capacity to meet the growing demand for offshore wind turbine operations and maintenance services. The acquisition, fully debt-financed, is anticipated to have an immediate operational impact, allowing Cadeler to provide enhanced service support to its clients and potentially improve its 2025 revenue and EBITDA guidance.

The most recent analyst rating on (CDLR) stock is a Buy with a $37.00 price target. To see the full list of analyst forecasts on Cadeler A/S Sponsored ADR stock, see the CDLR Stock Forecast page.

Spark’s Take on CDLR Stock

According to Spark, TipRanks’ AI Analyst, CDLR is a Neutral.

Cadeler A/S scores well due to strong financial performance and a positive earnings call. However, increased leverage, negative free cash flow, and valuation concerns temper the overall outlook. The company’s strategic positioning and significant backlog growth contribute positively to its prospects.

To see Spark’s full report on CDLR stock, click here.

More about Cadeler A/S Sponsored ADR

Cadeler is a global leader in offshore wind installation, operations, and maintenance services. The company operates exclusively in the offshore wind industry, focusing on safety and environmental sustainability. Cadeler owns the largest fleet of jack-up offshore wind installation vessels and has been a key player in developing offshore wind energy for over a decade. The company is listed on the New York Stock Exchange and the Oslo Stock Exchange.

Average Trading Volume: 73,703

Technical Sentiment Signal: Sell

Current Market Cap: $1.77B

Find detailed analytics on CDLR stock on TipRanks’ Stock Analysis page.

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