Cadeler A/S Sponsored ADR (CDLR) has released an update.
Cadeler A/S has secured a major contract valued up to USD 150 million for their vessel Wind Scylla to perform offshore wind turbine installation, solidifying their leadership in the renewable energy sector. The project, which commences in 2025, leverages Cadeler’s advanced fleet and expertise to ensure efficient and timely completion of complex offshore wind projects. The deal emphasizes Cadeler’s commitment to fleet flexibility and cost-effective project completion, aiming to further the global transition to renewable energy.
For further insights into CDLR stock, check out TipRanks’ Stock Analysis page.