Cadeler has secured vessel reservation agreements with Equinor and Polenergia’s 1440MW Bałtyk 2 and Bałtyk 3 offshore wind projects.
It marks the first contract between the parties.
The aggregate potential value of the delas to be negotiated during the pendency of the vessel reservation agreements is anticipated to fall within the range of €110m-€130m, with operations scheduled to commence in 2027.
The Bałtyk 2 and Bałtyk 3 projects are situated approximately 27km and 40km from the port of Łeba, respectively and entail the installation of 100 offshore turbines in the Polish Baltic Sea.
Cadeler will utilize both an O-Class and a P-Class vessel.
Turbine installation is set to begin in 2027. Once operational, these wind farms are projected to generate a combined capacity of 1.4GW, providing electricity to over two million households.
“We’re pleased to announce yet another contractual milestone in Poland,” said Cadeler chief executive Mikkel Gleerup.
“The Polish market offers great business potential for Cadeler and we’re proud to help our partners accelerate the transition towards sustainable energy for more than two million households.
“This also marks our first contract with Equinor and Polenergia, setting the stage for new successful future partnerships”.