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Cadeler signs firm contracts with Equinor and Polenergia

Tuesday, October 1 2024

Wind Energy – Baltic Sea

Cadeler has signed firm contracts with the offshore wind farms Bałtyk 2 and Bałtyk 3, both being joint venture projects owned 50% by Equinor and 50% by Polenergia.

The total potential value of these contracts to Cadeler is expected to be in the range of EUR 120-144 million, with operations scheduled to begin in 2027. 

The projects will involve the installation of a total of 100 offshore wind turbine generators (WTGs) in the Polish Baltic Sea.  

Cadeler plans to deploy both an O-Class and a P-Class vessel for the projects. Given the complex nature of the project, Cadeler is deploying an innovative dual-vessel setup, offering the exclusive flexibility the client needs to meet their capacity targets while showcasing the advantages of having the largest, most versatile, and capable fleet of jack-up vessels in the industry. 

The installation of WTGs is set to begin in 2027.

Related posts:

  1. Cadeler strengthens position in Polish offshore wind market
  2. Electrical systems infrastructure contract Baltyk projects
  3. Cadeler signs Installation Vessel Reservation agreement
  4. Cadeler signs contract for installation of wind turbines at Inch Cape OWF

Filed Under: Baltic Sea, Baltyk OWF, Cadeler, Installation, installation vessel, International News Tagged With: Baltic Sea, Baltyk, Cadeler, Equinor, Polenergia

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