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Cadeler Expands Fleet with Wind Keeper Delivery and Secures Major Contract with Vestas

Story Highlights
  • Cadeler has added the Wind Keeper to its fleet, enhancing its offshore wind capabilities.
  • The Wind Keeper secured a three-year contract with Vestas, valued at EUR 210 million.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Elevate Your Investing Strategy:

Cadeler A/S Sponsored ADR ( (CDLR) ) just unveiled an update.

On July 18, 2025, Cadeler announced the delivery of its new vessel, the Wind Keeper, which marks the company’s eighth vessel in its fleet. The Wind Keeper has secured a significant three-year contract with Vestas, valued at approximately EUR 210 million, with potential extensions increasing the contract’s value to over EUR 380 million. This acquisition and contract are strategic moves to enhance Cadeler’s capacity in the offshore wind sector, particularly in Europe, where demand for versatile, high-performance vessels is growing. The Wind Keeper will undergo upgrades to support the installation of next-generation 15 MW turbines, reinforcing Cadeler’s position as a leader in the offshore wind industry.

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 Outperform.

Cadeler A/S exhibits strong financial performance and strategic growth potential, bolstered by a positive earnings outlook and expanding operations. However, the stock faces high leverage, project delays, and cost challenges, which are reflected in its valuation and technical position.

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, focusing solely on the offshore wind industry with a strong emphasis on safety and environmental sustainability. The company operates the largest fleet of jack-up offshore wind installation vessels and has been a key supplier in the development of offshore wind energy for over a decade. Cadeler is committed to advancing sustainable wind farm installation and supporting the global energy transition towards renewable energy.

Average Trading Volume: 58,103

Technical Sentiment Signal: Sell

Current Market Cap: $1.85B

See more data about CDLR stock on TipRanks’ Stock Analysis page.

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