Cadeler (CDLR) said Thursday it has agreed to purchase a newly built jack-up wind turbine installation vessel from Shanghai Boqiang Heavy Industry Group.
The company will rename the Boqiang 3060 vessel Wind Keeper.
Cadeler said expects to take delivery in Q3 for a purchase price "significantly below" the vessel's projected replacement cost.
The company evaluating the vessel's positive impact on its 2025 revenue and EBITDA outlook, it said.
Cadeler shares were down 1.3% in recent premarket activity.
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