Cadeler A/S Sponsored ADR ( (CDLR) ) just unveiled an update.
Cadeler has successfully taken delivery of its latest jack-up wind turbine installation vessel, Wind Pace, on March 26, 2025. This addition marks a significant milestone in Cadeler’s fleet expansion, enhancing its capacity to meet the growing global demand for large-scale renewable energy solutions. Wind Pace, designed to handle next-generation wind farm projects, will be deployed in the U.S. from Q2 2025 to Q1 2026, supporting an offshore wind farm project. This vessel, along with its sister ship Wind Peak, represents a new benchmark in offshore wind installation technology, offering advanced capabilities and improved efficiency.
More about Cadeler A/S Sponsored ADR
Cadeler is a global leader in offshore wind installation, operations, and maintenance services, focusing solely on the offshore wind industry with a strong emphasis on safety and environmental sustainability. The company operates the largest fleet of jack-up offshore wind installation vessels and has been a key supplier in the development of offshore wind energy for over a decade. Cadeler is listed on the New York Stock Exchange and the Oslo Stock Exchange.
YTD Price Performance: -8.85%
Average Trading Volume: 64,561
Technical Sentiment Signal: Buy
Current Market Cap: $1.84B
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