Cadeler announced a €20 million operations‑and‑maintenance contract for two offshore wind farms in Taiwan, to be executed by its Wind Maker vessel beginning in March 2026 and lasting three to four months.
The deal marks the first O&M engagement for Cadeler’s dedicated Nexra platform in the Asia‑Pacific, expanding its aftermarket footprint and reinforcing its strategy to capture a larger share of the offshore wind value chain.
O&M services already represented about 20 % of Cadeler’s 2025 revenue, and the new contract is expected to boost utilization of the Wind Maker vessel and generate recurring revenue that will support earnings in the coming quarters.
CEO Mikkel Gleerup said the contract demonstrates Nexra’s execution strength and flexibility, and that securing near‑term campaigns will drive fleet utilisation and reinforce Cadeler’s competitive position as turbine sizes grow and deployments deepen.
The Wind Maker vessel, delivered in January 2025, is an M‑class jack‑up capable of operating in depths up to 65 m, making it well suited to service the larger 10‑15 MW turbines that are becoming standard in the region.
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