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Cadeler A/S Sponsored ADR ( (CDLR) ) has provided an announcement.
Cadeler has announced the delivery of its latest vessel, Wind Maker, on January 27, 2025, marking a significant milestone in its strategic fleet expansion. This state-of-the-art vessel, the first of two M-class wind installation vessels, is engineered to install next-generation offshore wind turbines and is equipped to handle challenging installation conditions, enhancing Cadeler’s ability to meet evolving client demands in the offshore wind industry.
More about Cadeler A/S Sponsored ADR
Cadeler is a global leader in offshore wind installation, operations, and maintenance services, with a dedicated focus on safety and environmental sustainability. The company operates the largest fleet of jack-up offshore wind installation vessels, contributing significantly to the development of offshore wind energy and supporting the global transition to renewable energy.
YTD Price Performance: -8.67%
Average Trading Volume: 41,189
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $1.85B
See more data about CDLR stock on TipRanks’ Stock Analysis page.
