Cadeler’s O&M business line secures ‘significant’ contract in Taiwan

The contract, with an undisclosed client, has an expected value exceeding €20M (US$24M) and will be executed across two offshore windfarms in Taiwan.

The campaign will commence in March 2026, will run for 3-4 months. It will be carried out by Cadeler’s wind installation vessel Wind Maker.

Cadeler’s dedicated service business, Nexra, which it launched last year, will manage the contract. Nexra focuses exclusively on the delivery of O&M services, supporting clients throughout the operational lifetime of offshore windfarms. 

Cadeler chief executive Mikkel Gleerup said the contract “underlines Nexra’s strength in execution and flexibility” and its ability to respond quickly to client needs in the operational phase of offshore windfarms. 

“In securing near-term campaigns such as this, Nexra demonstrates its ability to drive utilisation across Cadeler’s fleet, while continuing to deliver the reliability and technical expertise our clients expect,” he said.

O&M activities accounted for approximately one fifth of Cadeler’s revenue in 2025, reflecting the increasing importance of this kind of activity, as the installed base of offshore wind turbines grows, particularly as new, large turbines enter operation globally.

“The rapid expansion of turbines in the 10–15 MW segment requires capable, flexible vessels with the technical strength to handle more demanding service scopes, at increasing water depths, going forward,” the company said.