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Home » Uncategorized » Eneti shareholders back Cadeler merger
Offshore Wind

Eneti shareholders back Cadeler merger

Eleanore RobinsonBy Eleanore RobinsonDecember 15, 20231 Min Read
Cadeler signs Baltic Power turbine deal

Cadeler has said preliminary results show more than 86% of Eneti shareholders are in favour of merging the two companies.

The combined group will be named Cadeler with its shares to be listed on the New York Stock Exchange – in addition to its current listing on the Oslo Stock Exchange.

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Cadeler chief executive Mikkel Gleerup said: “We highly appreciate the strong shareholder support.

“This underlines the trust in Cadeler’s vision and capability to facilitate the renewable transition.

“We offer our partners and clients access to one of the strongest and most skilled teams across continents, with decades of operating track record, and to one of the industry’s largest, most flexible, most diverse, and modern fleet of wind farm installation vessels.

“Cadeler will be able to handle the largest and most complex next-generation offshore wind installation projects currently seen in the market, providing our customers a strong choice of flexibility and solid operational track-record.”

Cadeler is headquartered in Copenhagen, where Gleerup will continue as chief executive and Peter Brogaard as chief financial officer.

Cadeler Denmark Eneti merger Offshore Wind
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