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Cadeler signs preferred supplier agreement with undisclosed client

Cadeler (CDLR) announced that it has signed a preferred supplier agreement with an undisclosed client for the transportation and installation of monopiles and transition pieces at a large offshore wind farm located in European waters. The installation campaign is expected to commence in the first half of 2028 and to be executed using two of Cadeler’s wind installation vessels, including one of the company’s newbuild A-class series. The PSA is subject to the client’s final investment decision on the project. This will be Cadeler’s first full-scope foundation T&I project outside the United Kingdom.

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