Cadeler A/S

Cadeler A/S is a Danish pure-play provider of marine and engineering operations, specializing in the offshore wind industry. Headquartered in Copenhagen, Denmark, the company's core mission is to facilitate the global transition to renewable energy by serving as a key supplier in the development of offshore wind energy. Established in 2008, Cadeler became an independent entity following an IPO in 2020, having previously operated as a subsidiary of the Swire Group.

Cadeler's services encompass the transportation, installation, maintenance, and decommissioning of offshore wind turbine generators (WTGs), foundations, and platform topsides/substations. The company operates one of the industry's largest fleets of jack-up offshore wind installation vessels, including O-class, P-class, M-class, and A-class vessels, designed to handle next-generation wind turbines and XXL foundations. Beyond installation, Cadeler also offers offshore construction, accommodation, crane support, salvage assistance, heavy lift, and project cargo services. Its market presence spans major wind markets across Europe, Asia-Pacific, and North America.

Recent developments highlight Cadeler's strategic expansion and strong market positioning. The company published its 2025 Annual Report, showcasing robust financial and operational performance, including a doubling of its fleet capacity. In 2025, Cadeler established Nexra, a dedicated service platform focused on offshore wind operations and maintenance (O&M), and has since secured new O&M contracts in Taiwan and Japan. Cadeler is also actively involved in significant projects, including its first U.S. project, the 704 MW Revolution Wind offshore wind farm, utilizing its Wind Scylla vessel, and has completed installations at Moray West and Borkum Riffgrund 3. Mikkel Gleerup serves as the Chief Executive Officer, leading the company's efforts to balance growth opportunities with shareholder returns.