Wind Energy – Installation Vessel
Cadeler has successfully completed a private placement with proceeds of 86 million EUR with the intent to add a new state-of-the art newbuild Wind Turbine Foundation Installation vessel to its fleet.
The addition of the new F-class vessel will enable Cadeler to target the evolving segment of foundation installations and enhances the capability to offer a complete set of services within transport and installation of wind farms.
The new F-class will be built on similar specifications to the two X-class vessels announced last year. However, the F-class will feature a unique hybrid design, allowing the vessel to convert from being a foundation installation unit to a wind turbine generator (WTG) installation vessel within a short period of time.
Also, the main crane on the F-class vessel will be bigger than the 2,600t, 46m cranes expected to be installed on the X-class vessels.
Mikkel Gleerup, CEO of Cadeler, said: “Working closely with our partners in the industry, we see excellent deployment prospects for an F-class newbuild due to strong demand for foundation installation in the rapidly evolving offshore market.”
He adds: “Flexibility, efficiency, and economies of scale are key to success for our clients. We are pleased that our portfolio is being shaped to deliver these requirements. In line with the X-class vessels, the F-class will cater for some of the largest dimensions in the offshore wind industry. The F-class will be able to transport up to six XL monopiles (weight 2.300-2,600mt each) per round-trip which improves operational efficiency substantially.”