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Cadeler and Eneti Complete Merger

marinesalvage by marinesalvage
April 7, 2024
in Tug&Barge&Salvage
0
Cadeler and Eneti Complete Merger
(Photo: Cadeler)

(Photo: Cadeler)

Cadeler and Eneti have formally accomplished their merger, creating a number one offshore wind set up firm.

The New York- and Oslo-listed group can be named Cadeler and be headquartered in Copenhagen, Denmark, with places of work internationally in Denmark, U.Okay., U.S., Taiwan, and Japan.

Mikkel Gleerup, CEO of Cadeler, mentioned, “This marks a historic moment for Cadeler and the entire offshore wind industry. We offer our partners and clients access to the strongest and most skilled team and the industry’s largest, most flexible, most diverse, and modern fleet of windfarm installation vessels. We are committed to facilitating the world’s transition to a more sustainable planet built on renewable energy by being the key supplier in the development of offshore wind energy.”

The present CEO of Cadeler, Mikkel Gleerup, will proceed as CEO after the mix, and Peter Brogaard Hansen will proceed as CFO. Andreas Sohmen-Pao will proceed as Chairman of the Board of Directors, and Emanuele Lauro, the present CEO of Eneti, will expectedly be nominated for election to the Board of Directors as Vice Chairman shortly after the completion of the supply.

Cadeler specializes within the transport and set up of offshore wind turbine mills and foundations. Its web site lists a fleet of 4 wind turbine set up vessels (WTIV) in operation, with six newbuilds scheduled for supply by way of Q3 2026.

Eneti was shaped in 2021 when then Scorpio Bulkers rebranded in a pivot from dry bulk transport to offshore wind farm building and providers.

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