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Home›Business & Finance›Cadeler Inks Reservation Agreement for Ocean Winds’ Polish Offshore Wind Farm
Business & Finance

February 7, 2025 · about 1 year ago

Cadeler Inks Reservation Agreement for Ocean Winds’ Polish Offshore Wind Farm

Ocean Winds and Cadeler have signed a vessel reservation agreement for the installation of the turbines at the BC-Wind offshore wind farm in the Polish Baltic Sea. The potential value of the contract to be negotiated during the pendency of the reservation agreement is estimated to be between EUR 48

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Cadeler

When it comes to Cadeler, the company signed firm contracts with Equinor and Polenergia joint ventures in October last year for the installation of turbines at the Bałtyk 2 and Bałtyk 3 offshore wind farms. The operations are scheduled to commence in 2027.

In February 2024, the company signed another contract with Ørsted and PGE Polska Grupa Energetyczna for the transport and installation of Siemens Gamesa 14 MW wind turbines at Baltica 2, part of the Baltica Offshore Wind Farm. The project is scheduled for completion by the end of 2027.

A year earlier, Cadeler signed a contract with Baltic Power for the installation of 76 Vestas 15 MW offshore wind turbines at the Baltic Power offshore wind farm. Installation work is to commence in 2025.

Related Article

Offshore Construction Kicks Off on Poland’s 1.2 GW Baltic Power Wind Farm

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