{"id":810332,"date":"2025-02-07T02:03:02","date_gmt":"2025-02-07T07:03:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cadeler-further-strengthens-its-position-in-the-polish-offshore-wind-market-with-the-signing-of-a-new-vessel-reservation-agreement\/"},"modified":"2025-02-07T02:03:02","modified_gmt":"2025-02-07T07:03:02","slug":"cadeler-further-strengthens-its-position-in-the-polish-offshore-wind-market-with-the-signing-of-a-new-vessel-reservation-agreement","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cadeler-further-strengthens-its-position-in-the-polish-offshore-wind-market-with-the-signing-of-a-new-vessel-reservation-agreement\/","title":{"rendered":"Cadeler Further Strengthens Its Position in the Polish Offshore Wind Market With the Signing of a New Vessel Reservation Agreement"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p>\nCadeler Further Strengthens Its Position in the Polish Offshore Wind Market With the Signing of a New Vessel Reservation Agreement<\/p>\n<p>COPENHAGEN, Denmark&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<b>Today, Cadeler announces the signing of a Vessel Reservation Agreement (VRA) with Ocean Winds for the installation of the wind turbine generators (WTGs) at BC-Wind offshore wind farm in the Polish Baltic Sea. The potential value of the contract to be negotiated during the pendency of the VRA is estimated to be between EUR 48 million and EUR 56 million.<\/b><\/p>\n<p>\nCadeler has signed a VRA with Ocean Winds for the installation and transportation of around 30 WTGs at the BC-Wind offshore wind farm in the Polish Baltic Sea. The potential value of the contract to be negotiated during the pendency of the VRA is estimated to be between EUR 48 million and EUR 56 million. Cadeler will deploy one of its O-class vessels, with the project scheduled to be completed in 2028. Cadeler and Ocean Winds have worked together previously, most recently on the Moray West offshore wind farm off the coast of Scotland, but this project marks the first time that the two companies have entered into a direct contractual relationship.<\/p>\n<p>\nBC-Wind is an offshore wind farm with a capacity of up to 500 MW. It is located approximately 23 km from the Polish coastline, north of the Pomeranian Voivoideship in Poland. It is Ocean Winds&#8217; first project in Poland.<\/p>\n<p>\nMikkel Gleerup, CEO of Cadeler, says: \u201cWe are happy to embark on a new partnership with Ocean Winds, leveraging our expertise and resources to further strengthening our Polish pipeline. Poland has become a significant player in the offshore wind market, and we look forward to once again be working in the Baltic Sea contributing to the development of offshore wind energy in the region.\u201d<\/p>\n<p><b>Strong position in the Polish offshore wind market<\/b><\/p>\n<p>\nThis project reaffirms Cadeler\u2019s strong position in the Polish offshore wind market and is a natural continuation of four other milestone projects in Cadeler\u2019s Polish pipeline.<\/p>\n<p>\nIn October last year, Cadeler signed firm contracts with Equinor and Polenergia joint ventures for the installation of two offshore wind farms, Ba\u0142tyk 2 and Ba\u0142tyk 3, in the Polish Baltic Sea, with operations scheduled to begin in 2027.<\/p>\n<p>\nIn February last year, Cadeler signed a contract with \u00d8rsted and PGE Polska Grupa Energetyczna for the transport and installation of Siemens Gamesa 14 MW wind turbines at Baltica 2, part of the Baltica Offshore Wind Farm. The project is scheduled for completion by the end of 2027.<\/p>\n<p>\nIn July 2023, Cadeler signed a contract with Baltic Power for the installation of 76 Vestas 15 MW offshore wind turbines at the Baltic Power offshore wind farm. Installation work is to commence in 2025, with the 1.2 GW wind farm expected to be completed in 2026.<\/p>\n<p>\nCadeler is the world\u2019s leading offshore wind turbine transportation and installation company, with a fleet of six jack-up vessels currently in operation and five newbuilds scheduled to be delivered in the coming years.<\/p>\n<p>\nAbout Cadeler A\/S:<\/p>\n<p>\nCadeler is a global leader in offshore wind installation, operations, and maintenance services. Cadeler is a pure play company, operating solely in the offshore wind industry with an uncompromising focus on safety and the environment. Cadeler owns and operates the industry\u2019s largest fleet of jack-up offshore wind installation vessels and has for more than 10 years been a key supplier in the development of offshore wind energy to power millions of households. Cadeler\u2019s fleet, expertise and capacity to handle the largest and most complex next-generation offshore wind installation projects positions the company to deliver exceptional services to the industry. Cadeler is committed to being at the forefront of sustainable wind farm installation and to enabling the global energy transition towards a future built on renewable energy. Cadeler is listed on the New York Stock Exchange (ticker: CDLR) and the Oslo Stock Exchange (ticker: CADLR). For more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.cadeler.com%2F&amp;esheet=54200774&amp;newsitemid=20250206926947&amp;lan=en-US&amp;anchor=www.cadeler.com&amp;index=1&amp;md5=c998ae0ca25663fbf33926d65f094904\">www.cadeler.com<\/a><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250206926947r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250206926947\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250206926947\/en\/<\/a><\/span><\/p>\n<p><b>For further information, please contact:<\/b><\/p>\n<p>\nMikkel Gleerup<br \/>\n<br \/>CEO, Cadeler<br \/>\n<br \/>+45 3246 3102<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:mikkel.gleerup@cadeler.com\">mikkel.gleerup@cadeler.com<\/a><\/p>\n<p>\nAlexander Simmonds<br \/>\n<br \/>EVP &amp; CLO, Cadeler<br \/>\n<br \/>+44 7376 174172<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:alexander.simmonds@cadeler.com\">alexander.simmonds@cadeler.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Europe Denmark Poland<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Building Systems Alternative Energy Construction &amp; Property Energy Manufacturing Sustainability Other Natural Resources Other Transport Environment Maritime Natural Resources Transport Logistics\/Supply Chain Management Utilities Engineering<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250206926947\/en\/2374861\/3\/CADELER_Logo_BLACK_RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Cadeler Further Strengthens Its Position in the Polish Offshore Wind Market With the Signing of a New Vessel Reservation Agreement COPENHAGEN, Denmark&#8211;(BUSINESS WIRE)&#8211;Today, Cadeler announces the signing of a Vessel Reservation Agreement (VRA) with Ocean Winds for the installation of the wind turbine generators (WTGs) at BC-Wind offshore wind farm in the Polish Baltic Sea. The potential value of the contract to be negotiated during the pendency of the VRA is estimated to be between EUR 48 million and EUR 56 million. Cadeler has signed a VRA with Ocean Winds for the installation and transportation of around 30 WTGs at the BC-Wind offshore wind farm in the Polish Baltic Sea. The potential value of the contract to be negotiated during &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cadeler-further-strengthens-its-position-in-the-polish-offshore-wind-market-with-the-signing-of-a-new-vessel-reservation-agreement\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Cadeler Further Strengthens Its Position in the Polish Offshore Wind Market With the Signing of a New Vessel Reservation Agreement&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-810332","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cadeler Further Strengthens Its Position in the Polish Offshore Wind Market With the Signing of a New Vessel Reservation Agreement - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cadeler-further-strengthens-its-position-in-the-polish-offshore-wind-market-with-the-signing-of-a-new-vessel-reservation-agreement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cadeler Further Strengthens Its Position in the Polish Offshore Wind Market With the Signing of a New Vessel Reservation Agreement - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Cadeler Further Strengthens Its Position in the Polish Offshore Wind Market With the Signing of a New Vessel Reservation Agreement COPENHAGEN, Denmark&#8211;(BUSINESS WIRE)&#8211;Today, Cadeler announces the signing of a Vessel Reservation Agreement (VRA) with Ocean Winds for the installation of the wind turbine generators (WTGs) at BC-Wind offshore wind farm in the Polish Baltic Sea. The potential value of the contract to be negotiated during the pendency of the VRA is estimated to be between EUR 48 million and EUR 56 million. Cadeler has signed a VRA with Ocean Winds for the installation and transportation of around 30 WTGs at the BC-Wind offshore wind farm in the Polish Baltic Sea. 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The potential value of the contract to be negotiated during the pendency of the VRA is estimated to be between EUR 48 million and EUR 56 million. Cadeler has signed a VRA with Ocean Winds for the installation and transportation of around 30 WTGs at the BC-Wind offshore wind farm in the Polish Baltic Sea. 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