Cadeler has secured vessel reservation agreements with both MFW Bałtyk II and MFW Bałtyk III, each a joint venture project owned 50% by Equinor and 50% by Polenergia.
The Bałtyk 2 and Bałtyk 3 projects are wind farms situated in the Baltic Sea, approximately 27 and 40 kilometres from the port of Łeba, respectively. The projects entail the installation of 100 offshore wind turbine generators (WTGs) in the Polish Baltic Sea. WTG installation is set to begin in 2027. The aggregate potential value of the contracts to be negotiated during the pendency of the vessel reservation agreements is anticipated to fall within the range of €110-130 million.