Nexra Wins Additional Near-Term Contract in Taiwan

Core Viewpoint - Nexra, Cadeler's dedicated Operations & Maintenance (O&M) service platform, has secured an additional contract for an O&M campaign in Taiwan, highlighting the company's growing presence in the offshore wind market [1][9]. Company Overview - Nexra was established in 2025 to support the global offshore wind aftermarket, providing lifecycle support to offshore wind farm owners and turbine manufacturers [3][5]. - The O&M market accounted for approximately 20% of Cadeler's revenue in 2025, indicating its significance to the company's overall business model [3]. Contract Details - The new contract involves servicing two offshore wind farms in Taiwan and will utilize Cadeler's wind installation vessel, Wind Maker, which was delivered last year [2]. - The campaign is expected to last around 3-4 months and follows a previous contract awarded to Nexra for a separate O&M campaign [2]. Strategic Positioning - Cadeler's Chief Growth Officer emphasized the company's ability to mobilize quickly to meet client needs, showcasing the versatility of its fleet operating globally [4]. - The CEO of Cadeler noted that as offshore wind markets mature, the demand for reliable service support increases, positioning the company well to support clients throughout the operational life of their assets [4].