Cadeler is an offshore wind installation vessel contractor in Denmark, the United Kingdom, Germany, Poland, rest of Europe, the United States, and Taiwan. The company engages in the transport and installation of offshore wind turbine generators, foundations, and topsides and substations. Its portfolio also includes maintenance of offshore wind turbine generators, and offshore structures and platforms, and offshore construction within the renewable space.
It is also involved offshore decommissioning within the renewable space. Its portfolio also includes salvage assistance, and heavy lift and project cargo. Additionally, it owns and operates ten offshore jack-up windfarm installation vessels. Incorporated in 2008, Cadeler is headquartered in Copenhagen, Denmark.
Cadeler A/S is an offshore wind installation vessel contractor operating in Denmark, the United Kingdom, Germany, Poland, rest of Europe, the United States, and Taiwan. The company specializes in the transport and installation of offshore wind turbine generators, foundations, topsides, and substations. Its portfolio also includes maintenance of offshore wind turbine generators and offshore structures, as well as offshore construction within the renewable energy space. Additionally, Cadeler is involved in offshore decommissioning, salvage assistance, and heavy lift and project cargo services. The company owns and operates ten offshore jack-up windfarm installation vessels, making it a key player in the offshore wind industry.
Where is Cadeler A/S listed and what currency does it trade in?
Cadeler A/S is listed on the New York Stock Exchange (NYSE) under the ticker symbol CDLR. The company trades in US Dollars (USD), which is the currency used for its stock transactions. As a Denmark-based company with a US listing, it provides international investors access to the offshore wind installation market through a US exchange.
What sector and industry does Cadeler A/S operate in?
Cadeler A/S operates in the Industrials sector, specifically within the Engineering & Construction industry. This classification reflects the company's core activities in constructing and installing offshore wind infrastructure. As an engineering and construction firm, Cadeler focuses on large-scale projects involving the transport and installation of wind turbine components, foundations, and substations, as well as providing maintenance and decommissioning services for offshore renewable energy assets.
Where is Cadeler A/S headquartered and what markets does it serve?
Cadeler A/S is headquartered in Copenhagen, Denmark, and was incorporated in 2008. The company serves multiple markets across Europe, the United States, and Taiwan. Its key operational regions include Denmark, the United Kingdom, Germany, Poland, and the rest of Europe. By expanding into the US and Taiwan, Cadeler addresses growing offshore wind markets outside Europe, leveraging its fleet of ten offshore jack-up windfarm installation vessels to support global renewable energy projects.
How does Cadeler A/S generate revenue?
Cadeler A/S generates revenue by providing offshore wind installation and construction services. The company earns income through contracts for the transport and installation of wind turbine generators, foundations, topsides, and substations. Additionally, it offers maintenance services for offshore wind turbines and structures, as well as offshore construction and decommissioning within the renewable sector. Cadeler also provides salvage assistance and heavy lift/project cargo services. Its fleet of ten offshore jack-up windfarm installation vessels is a key asset, enabling the company to execute complex projects across multiple geographies.
Cadeler reported a transaction in its shares by Niki Invest ApS, a person closely associated with board member Ditlev Wedell-Wedellsborg, under the Market Abuse Regulation.