Cadeler Signs $50 Million Deal With Ocean Winds to Install Polish Wind Turbine Generators

MT Newswires Live

2025/02/07

Cadeler (CDLR) said Friday it has signed an agreement with Ocean Winds to reserve vessels for the transport and installation of around 30 wind turbine generators at the 500-megawatt capacity BC-Wind offshore wind farm in the Baltic Sea off the Polish coast.

The potential value of the contract is 48 million euros ($49.9 million) to 56 million euros, the company said.

Cadeler said the project is scheduled to be completed in 2028.

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