BW Group-backed shipowner Cadeler has clinched a deal for wind turbine work in Denmark at a big daily rate.
The Oslo-listed company said it will transport and install 26 turbines of 11 MW each for Siemens Gamesa at the Aflandshage wind farm developed by Hofor, a Copenhagen utility company.
The contract for one of its O-type installation ships will pay more than 375,000 ($412,000) per day.
When complete, the wind farm will have a capacity of up to 300 MW and produce enough energy to power 300,000 Danish households with renewable offshore energy.
The site is located in Oresund, about 10 km off the south coast.
The installation will begin in 2026, using an upgraded ship with a lifting capacity of 1,600 tonnes at a radius of 40 metres.
The main hook will be able to reach 160 metres above the deck.
Aflandshage is one of several planned offshore wind farms in Danish waters.
Last year, the Danish parliament agreed to boost wind capacity fivefold.
Cadeler chief executive Mikkel Gleerup said: “It feels good to be back on home ground to install wind turbines in Oresund and be part of this well-planned project together with Hofor and Siemens Gamesa.
“We have installed wind turbines of this size and capacity many times before, and we look forward to once again be using our skills, know-how and assets to help power the grid with the urgent need for green electricity,” he added.
Fleeting expanding
In November, Cadeler signed up for another wind turbine installation vessel in China.
Its second hybrid jack-up F-class ship will again be built at Cosco Heavy Industries in Qidong.
The unit will cost something like $345m, based on the price of the other F-class under construction.
Cadeler also has two X-class ships being built at the same yard, which will bring the fleet to six wind units. Deliveries are set from the second half of 2024.
They will operate under the Danish flag.
