Financing ·
Cadeler signed a EUR 247 million EIFO-backed senior secured green term loan facility to partially finance the…
CDLRCadeler A/S
Cadeler signed a EUR 247 million EIFO-backed senior secured green term loan facility to partially finance the construction of its third A-class newbuild offshore wind installation vessel, Wind Apex, scheduled for delivery in Q2 2027. The 12-year facility was coordinated by HSBC and includes a lending syndicate comprising HSBC, KfW IPEX-Bank, Coöperatieve Rabobank U.A., and DNB Bank ASA. The financing is designated as green under the company's Green Finance Framework. Cadeler is an offshore wind installation partner that operates a fleet of jack-up vessels for turbine transport and installation.