Cadeler has secured firm contracts for the transportation and installation of 64 units of 15MW offshore wind turbines and their foundations for the 960MW East Anglia 2 (EA2) wind farm in the UK.
The total value of the contracts for Cadeler is between €360m ($387m) and €382m.
ScottishPower Renewables is developing the EA2 wind project off the East Anglian coast, with offshore works scheduled to begin in 2027.
The operations will involve Cadeler’s new A-class vessels and an O-class vessel from the company’s existing fleet.
The UK government announced the latest auction results for offshore wind contracts in September 2024, including those for the £4bn EA2 project.
Located in the southern North Sea, EA2 will bolster the UK’s renewable energy capacity.
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By GlobalDataCadeler chief executive Mikkel Gleerup said: “This project underlines that our strategic decisions are in sync with our customers’ needs and the demands that we see in the market.
“With our six new builds on their way, Cadeler will deliver even greater flexibility and offer still improved efficiency for our clients, with solutions for even more complex projects.
“The East Anglia 2 project reinforces Cadeler’s strong position as a full-service T&I [transportation and installation] provider in the foundations space and our pivotal role in driving the transition to renewable offshore wind energy.”
Cadeler’s partnership with ScottishPower Renewables on the project reflects the formalisation of firm contracts for a portion of the work outlined in a reservation agreement that Cadeler disclosed in May 2024.
ScottishPower Renewables chief executive Charlie Jordan stated: “Following our recent auction success, we’ve been moving with pace and purpose to confirm the supply chain for East Anglia 2, so it’s great to have Cadeler on board supporting this vital clean energy project, which will power almost one million homes with green electricity.
“East Anglia is the heart of our offshore wind operations in the UK and a vitally important region for us with one operational wind farm, another under construction and the supply chain now being confirmed for our third, enabling us to get out there and deliver a cleaner, greener and better future, quicker.”
In July 2023, Cadeler secured a contract to install wind turbines at the 1.2GW Baltic Power offshore wind farm in the Baltic Sea.