Brief: Cadeler Strengthens Position In Polish Offshore Wind Market

Cadeler A/S

13/05/2024 07:05

May 13 (Reuters) - Cadeler A/S  CADLR.OL :
    * CADELER STRENGTHENS POSITION IN POLISH OFFSHORE WIND
MARKET
AFTER SECURING VESSEL RESERVATION AGREEMENTS WITH TWO EQUINOR
AND POLENERGIA JOINT VENTURES
    * HAS SECURED VESSEL RESERVATION AGREEMENTS WITH BOTH MFW
BALTYK
II SP. Z.O.O. AND MFW BALTYK III SP. Z.O.O., EACH A JOINT
VENTURE PROJECT OWNED 50% BY EQUINOR AND 50% BY POLENERGIA,
MARKING FIRST CONTRACT BETWEEN PARTIES
    * AGGREGATE POTENTIAL VALUE OF CONTRACTS TO BE NEGOTIATED
DURING
PENDENCY OF VESSEL RESERVATION AGREEMENTS IS ANTICIPATED TO FALL
WITHIN RANGE OF EUR 110-130 MILLION
    * OPERATIONS ARE SCHEDULED TO COMMENCE IN 2027

Source text for Eikon:  ID:nObigxH75a 
Further company coverage:  CADLR.OL 

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