Cadeler, a world leader in offshore wind turbine transportation and installation, has signed a Vessel Reservation Agreement (VRA) with Ocean Winds for the installation of approximately 30 wind turbine generators (WTGs) at the BC-Wind project in the Polish Baltic Sea. The potential value of the contract to be negotiated during the pendency of the VRA is estimated between EUR 48 million and EUR 56 million.
BC-Wind, Ocean Winds’ first project in Poland, is an offshore wind farm with a capacity of up to 500 MW, located approximately 23 km from the Polish coastline, north of the Pomeranian Voivodeship. For the operations scheduled for 2028, Cadeler will deploy one of its O-class vessels.
Mikkel Gleerup, CEO of Cadeler, emphasizes the significance of the agreement: “We are happy to embark on a new partnership with Ocean Winds, leveraging our expertise and resources to further strengthening our Polish pipeline. Poland has become a significant player in the offshore wind market, and we look forward to once again be working in the Baltic Sea contributing to the development of offshore wind energy in the region.”
The new contract reinforces Cadeler’s strong position in the Polish offshore wind market, where the company is already executing four milestone projects. In October last year, the company signed firm contracts with Equinor and Polenergia joint ventures for the installation of Bałtyk 2 and Bałtyk 3 farms, with operations scheduled to begin in 2027. In February last year, they contracted the installation of Siemens Gamesa 14 MW wind turbines for Baltica 2 (Ørsted and PGE project), with completion scheduled by the end of 2027. In July 2023, Cadeler secured a contract for the installation of 76 Vestas 15 MW offshore wind turbines at the Baltic Power offshore wind farm, with installation work to commence in 2025 and completion expected in 2026.
Cadeler, currently operating a fleet of six jack-up vessels with five newbuilds scheduled for delivery in the coming years, continues to strengthen its position as a key contractor in the Baltic Sea offshore wind sector.
