Cadeler Earlier Announced Contract To Install 72 15MW Wind Turbines At Inch Cape Offshore Wind Farm; Value Expected To Fall Within €114M-€130M Range
Portfolio Pulse from Benzinga Newsdesk
Cadeler announced a contract to install 72 15MW wind turbines at the Inch Cape Offshore Wind Farm, with the contract value expected to be between €114M and €130M.
June 24, 2024 | 1:24 pm
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POSITIVE IMPACT
Cadeler has secured a significant contract to install 72 15MW wind turbines at the Inch Cape Offshore Wind Farm, with the contract value estimated between €114M and €130M. This contract is likely to boost Cadeler's revenue and strengthen its position in the renewable energy sector.
The contract is substantial in value and directly impacts Cadeler's revenue stream. It also reinforces Cadeler's market position in the renewable energy sector, which is a growing industry. This positive development is likely to have a favorable short-term impact on Cadeler's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100