Cadeler A/S (“Cadeler”) has announced an increase in its unsecured Green Corporate Loan Facility, boosting its available capacity by EUR 45 million to a total of EUR 125 million. The upsizing was led by Standard Chartered, with HSBC acting as the Sole Mandated Lead Arranger, Green Loan Coordinator, and Facility Agent. This follows the initial drawdown of EUR 80 million, with EUR 20 million of headroom under the accordion before the latest increase.
Both Standard Chartered and HSBC are also involved in Cadeler’s EUR 425 million Facility, which finances the post-delivery of P-Class vessels. The additional EUR 45 million in committed funds strengthens Cadeler’s financial flexibility, enhancing its ability to capitalize on market opportunities and support various wind turbine installation activities. This move further solidifies Cadeler’s financial position and growth prospects.
About Cadeler A/S:
Cadeler is a global leader in offshore wind installation, operations, and maintenance services. Cadeler is a pure play company, operating solely in the offshore wind industry with an uncompromising focus on safety and the environment. Cadeler owns and operates the industry’s largest fleet of jack-up offshore wind installation vessels and has for more than 10 years been a key supplier in the development of offshore wind energy to power millions of households. Cadeler’s fleet, expertise and capacity to handle the largest and most complex next-generation offshore wind installation projects positions the company to deliver exceptional services to the industry. Cadeler is committed to being at the forefront of sustainable wind farm installation and to enable the global energy transition towards a future built on renewable energy.
