Cadeler A/S is a Denmark-based company that has established itself as a pure-play provider in the offshore wind sector. It is headquartered in Copenhagen and maintains a global presence through offices in Denmark, the UK, US, Taiwan, and Japan. In 2023, Cadeler completed a business combination with Eneti, strengthening its fleet, market reach, and capabilities in offshore wind installation and making it one of the larger players in that domain. Through this merger, the combined entity adopted the Cadeler name and continues to trade on both the Oslo Stock Exchange (ticker: CADLR) and the New York Stock Exchange (ticker: CDLR).
On the operations side, Cadeler specializes in the transportation, installation, maintenance, and decommissioning of offshore wind farms. Its service scope includes wind turbine generator (WTG) installation, foundation (monopile, jacket) installation, platform and substation topside work, marine and engineering operations, accommodations, crane support, and salvage/transport functions. Cadeler owns and operates a fleet of offshore wind installation vessels (jack-ups) that provide the heavy-lift and precision capabilities required in offshore engineering.
In terms of positioning, Cadeler presents itself as a pure-play offshore wind specialist with deep technical expertise, a modern and flexible vessel fleet, and a reputation for safety and environmental mindfulness. The merger with Eneti has enhanced its scale, giving it a stronger competitive footing for large and complex next-generation projects. Cadeler is betting that as global wind power ambitions rise, demand for reliable offshore installation and maintenance partners will grow—and its specialized assets and expertise uniquely equip it to capture that growth.