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CDLR News
CDLR Events
Cadeler and Vattenfall Sign Strategic Collaboration MOU
Cadeler A/S, through Nexra, its dedicated offshore wind service platform, and Vattenfall Vindkraft AB have entered into a memorandum of understanding for a strategic collaboration to explore the development of next-generation operations & maintenance solutions for the offshore wind industry. The collaboration will focus on advancing innovative Major Component Exchange capabilities, combining operational expertise, service methodologies, and long-term planning to explore more efficient and scalable approaches to offshore wind maintenance and support the evolving needs of offshore wind asset owners and operators. As the global installed base of offshore wind turbines continues to grow and mature, efficient maintenance strategies and access to specialised MCE capabilities are becoming increasingly important to ensuring long-term asset performance, reliability and availability. Through the collaboration, Nexra and Vattenfall will explore concepts and solutions designed to improve the efficiency, safety and scalability of offshore wind maintenance activities across multiple turbine platforms, with the ambition of supporting more predictable and effective maintenance of offshore wind assets.
Cadeler Completes Final Turbine Installation at He Dreiht Offshore Wind Farm
Cadeler has completed the final turbine installation at the 960 MW He Dreiht Offshore Wind Farm in the German North Sea. The final turbines were installed by Wind Keeper, under its long-term contract with Vestas. Cadeler's scope of the installation campaign was executed using two of Cadeler's offshore wind installation vessels. Wind Orca commenced the project in April 2025 before Wind Keeper took over the remaining installation scope in the first quarter of 2026 under Cadeler's long-term contract with Vestas announced last year. The project marked Wind Keeper's first offshore wind installation campaign since joining the Cadeler fleet following her acquisition and comprehensive upgrade. Developed by EnBW, He Dreiht consists of 64 Vestas V236-15.0 MW wind turbines and marks the first commercial-scale installation of Vestas' flagship offshore wind turbine. Once fully operational, the wind farm will generate enough renewable electricity to supply approximately 1.1 million households.
Cadeler Acquires Menck to Strengthen Offshore Wind Capabilities
Cadeler announces its strategic acquisition of Menck. The acquisition "strengthens" Cadeler's offshore wind installation capabilities and furthers the company's ambition to be the preferred installation partner for the offshore wind industry. Cadeler intends to continue operating Menck as a standalone business. Mikkel Gleerup, CEO of Cadeler, comments: "Offshore wind projects continue to increase in scale and technical complexity, making reliable execution more important than ever. Menck has built an outstanding reputation over more than 150 years as a trusted provider of mission-critical foundation installation equipment and engineering expertise. Bringing together Menck's specialist engineering capabilities with Cadeler's offshore installation proficiency, we are combining highly complementary strengths that will enhance our support to customers across the full installation value chain."
Cadeler Delivers Wind Ace Wind Installation Vessel on Budget and Schedule
Cadeler announced the delivery, within budget and on schedule, of Wind Ace, the company's eleventh wind installation vessel and second of three A-class newbuilds. Following mobilisation, Wind Ace will prepare for deployment on ScottishPower Renewables' East Anglia TWO offshore wind farm in the UK. Cadeler will provide the transportation and installation of both foundations and wind turbines for the project, further building on the company's experience as a full-scope offshore wind installation partner.
Cadeler Reports Q1 EBITDA of €47M
Reports Q1 EBITDA EUR 47M vs. EUR 24M last year. Mikkel Gleerup, CEO of Cadeler, comments: "The first quarter of 2026 reflects the continued scaling of our business following the expansion of our operating fleet over the past year. While the integration of new capacity naturally impacts utilisation in the short term, we are seeing strong underlying operational activity across the fleet. At the same time, we continue to strengthen our financial platform and invest in the next phase of Cadeler's growth - positioning Cadeler to support the increasing global demand for offshore wind installation capacity."
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