Cadeler A‑S Secures €500 Million Offshore Wind Contracts
Cadeler A‑S, a Danish company listed on Oslo Børs ASA, announced on 10 November 2025 that it has signed two offshore wind contracts with a combined value of €500 million (≈ 3.7 billion NOK). The agreements cover the transport and installation of foundations and turbines for a large offshore wind project. The contracts were confirmed through multiple press releases and news outlets, including nsenergybusiness.com, windkraft‑journal.de, shippingwatch.com, en.portnews.ru, offshorewind.biz, and feeds.feedburner.com.
Contract Details
| Item | Description |
|---|---|
| Value | €500 million (≈ 3.7 billion NOK) |
| Scope | Transportation and installation of foundations and turbines (T&I) |
| Project | Offshore wind project (client details undisclosed) |
| Significance | Largest single order Cadeler has received for T&I services |
The contracts are part of Cadeler’s strategy to expand its presence in the offshore wind sector, leveraging its fleet of ships that are used to service offshore wind farms.
Market Context
Cadeler’s share price on 6 November 2025 closed at 43.42 NOK, its lowest level in the 52‑week range. The 52‑week high reached 70 NOK on 25 November 2024, while the 52‑week low is 43.42 NOK. The company’s market capitalization is 15.22 billion NOK and it trades with a price‑earnings ratio of 6.6.
Upcoming Events
On 10 November 2025, Cadeler also issued a notice regarding its upcoming Q3 2025 earnings release and presentation, scheduled for 20 November 2025. Investors are advised to review the forthcoming financial statements for a detailed assessment of the company’s performance and the impact of the new contracts.
All information is derived from the provided news items and fundamental data for Cadeler A‑S.
