Cadeler A/S

The Cadeler Group is a leading offshore wind installation vessel contractor headquartered in Copenhagen, Denmark. The company currently operates 10 offshore jack-up wind installation vessels and has two new builds on order. Cadeler Group operates in the market for transporting and installing offshore wind turbine generators (WTGs) and their foundations. Beyond wind farm installation, the company's vessels can also perform maintenance, decommissioning, and other general construction tasks within the offshore industry. Cadeler Group's current fleet includes one A-Class Vessel (Wind Ally), two P-Class Vessels (Wind Peak and Wind Pace), two M-Class Vessels (Wind Maker and Wind Mover), two O-Class Vessels (Wind Orca and Wind Osprey), Wind Keeper, Wind Scylla, and Wind Zaratan. The company has ordered two A-Class New Builds, named Wind Ace and Wind Apex, with expected delivery in the third quarter of 2026 and the first half of 2027, respectively. Cadeler refers to its next-generation wind installation vessels as P-Class vessels, similar next-generation vessels previously commissioned by Eneti as M-Class vessels, and vessels specifically for WTG foundation installation as A-Class vessels. Crane upgrades for the O-Class Vessels were completed in 2024, enabling them to handle the next generation of offshore wind turbines. The Cadeler Group's customers include offshore wind farm developers, original equipment manufacturers, and various offshore contractors.