Cadeler A/S Sponsored ADR (CDLR) has released an update.
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Cadeler A/S has secured substantial contracts with ScottishPower Renewables for the transportation and installation of 64 offshore wind turbines at the East Anglia TWO Wind Farm, valued between EUR 360 to 382 million. This project, set to start in 2027, marks a significant step in the UK’s renewable energy expansion, potentially powering nearly one million homes annually. Cadeler’s use of advanced vessels showcases its strategic prowess in supporting the green energy transition.
For further insights into CDLR stock, check out TipRanks’ Stock Analysis page.
