Cadeler has signed firm contracts with the offshore wind farms Bałtyk 2 and Bałtyk 3, both joint ventures owned equally by Equinor and Polenergia.
The Bałtyk 2 and Bałtyk 3 offshore wind farms will be located in the Baltic Sea, approximately 22 km and 37 km, respectively, from the port of Łeba, Poland. The projects will involve the installation of a total of 100 offshore wind turbine generators (WTGs) in the Polish Baltic Sea. Cadeler plans to deploy both an O-Class and a P-Class vessel for the projects, with WTG installation set to begin in 2027. Once operational, the two wind farms are expected to generate a combined capacity of 1440 MW. The vessel reservation agreements with the Equinor and Polenergia joint venture projects were initially announced on 13 May 2024. The total potential value of these contracts to Cadeler is expected to be between EUR 120 million and 144 million.