Core Insights - Cadeler has signed two significant contracts for the full-scope transportation and installation of offshore wind turbines and their foundations, with a combined projected value of approximately EUR 500 million [1][2]. Contract Details - The foundations transportation and installation (T&I) campaign is scheduled to start in early 2029, utilizing one of Cadeler's newbuild A-class vessels [2]. - The turbine installation is set to begin in early 2030 and will be executed by one of Cadeler's O-class jack-up vessels, with completion expected by late 2030 [2]. - The contracts are contingent upon the client's investment decision; if the client is unsuccessful, the agreements may be terminated with a termination fee [3]. Company Positioning - CEO Mikkel Gleerup stated that this project reinforces Cadeler's position as a full-service T&I partner in the foundations space, aligning with current market demands [4]. - Cadeler operates a fleet of nine wind installation vessels, with three additional vessels under construction, showcasing the company's capacity to handle complex offshore wind projects [4]. Company Overview - Cadeler A/S is a global leader in offshore wind installation, operations, and maintenance services, focusing solely on the offshore wind industry [5]. - The company owns and operates the largest fleet of jack-up offshore wind installation vessels, contributing significantly to the development of offshore wind energy [5]. - Cadeler is committed to sustainable wind farm installation and enabling the global energy transition towards renewable energy [5].