Cadeler A/S Sponsored ADR (CDLR) has released an update.
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Cadeler A/S, renowned for its offshore wind installation and maintenance services, has announced a significant Vessel Reservation Agreement (VRA) for its cutting-edge M-Class vessel in the Asia-Pacific region, marking a strategic expansion and potentially adding 200 million EUR to its development pipeline. This venture will enable the powering of approximately 1.36 million households and reflects Cadeler’s commitment to leading the offshore wind energy industry with its expanding fleet.
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