Wind Energy – Vessel Reservation Agreement
Today, Cadeler announced the signing of a Vessel Reservation Agreement (VRA) with Ocean Winds for the installation of wind turbine generators (WTGs) at the BC-Wind offshore wind farm in the Polish Baltic Sea.
The potential value of the contract to be negotiated during the VRA’s pendency is estimated to be between EUR 48 million and EUR 56 million.
Cadeler will deploy one of its O-class vessels, with the project scheduled to be completed in 2028. Cadeler and Ocean Winds have worked together previously, most recently on the Moray West offshore wind farm off the coast of Scotland, but this project marks the first time that the two companies have entered into a direct contractual relationship.
BC-Wind is an offshore wind farm with a capacity of up to 500 MW. It is located approximately 23 km from the Polish coastline, north of the Pomeranian Voivoideship in Poland.
It is Ocean Winds’ first project in Poland.
