Green finance for Cadeler offshore wind newbuilds

Cadeler jack-up offshore windfarm installation vessels

Source: Cadeler

Cadeler has signed a Chinese-backed green term loan facility of up to €425m to part fund its two newbuild offshore windfarm installation vessels.

The facility is 90% insured by China Export & Credit Insurance Corporation (Sinosure) and will be made available in two loans when the newbuilds are delivered from COSCO Shipping (Qidong) Offshore Co. Ltd.

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