Cadeler signed a vessel reservation agreement (VRA) for a pipeline of wind projects in the Asia-Pacific region.
The deal secures the availability of one of Cadeler’s two newbuild M-class vessels. The aggregate potential value of the contract is roughly EUR200 million (USD222.2 million).
The newbuild M-class vessel contracted to work on these projects is one of six newbuilds that will be joining Cadeler’s fleet in the coming years (in addition to the Wind Peak, which Cadeler took delivery of last month).
Mikkel Gleerup, ceo of Cadeler, said: “The Asia-Pacific market has significant growth potential and is of great interest to Cadeler. Expanding our presence in that market with this VRA aligns with our global business strategy.”
