Nexra Secures Significant O&M Campaign in Taiwan

Core Insights - Cadeler has signed a firm contract for an Operations & Maintenance (O&M) campaign in Taiwan, valued at over EUR 20 million, to be executed across two offshore wind farms starting in March 2026 for a duration of 3-4 months [1][3]. Company Overview - Cadeler is a global leader in offshore wind installation, operations, and maintenance services, operating solely in the offshore wind industry with a focus on safety and environmental sustainability [6]. - The company owns 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 [6]. Nexra's Role - Nexra, established in 2025, is Cadeler's dedicated service concept focused on delivering O&M services throughout the operational lifetime of offshore wind farms [2][7]. - The portfolio of Nexra includes vessels such as Zaratan, Wind Scylla, and Wind Keeper, with the flexibility to deploy additional vessels as needed [4][7]. Market Position and Strategy - O&M activities accounted for approximately 20% of Cadeler's total revenue in 2025, highlighting the growing importance of this segment as the installed base of offshore wind turbines increases [3]. - The establishment of Nexra strengthens long-term client relationships and emphasizes Cadeler's strategic focus on the offshore wind aftermarket [4]. Expansion in Asia-Pacific - The new campaign in Taiwan reinforces Cadeler's ambition to be a long-term partner throughout the operational lifecycle of offshore wind farms in key markets [5][6].