Cadeler Secures EUR 247 Million EIFO-Backed Green Loan for Wind Apex
Jul 13, 2026, 5:13 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Direct debt financing for Wind Apex reduces near-term funding risk, supports capex plans, and may lift investor confidence in Cadeler’s growth runway; potential modest upside as delivery approaches.
AI summary
What happened, with direct paths to the underlying reporting
Cadeler announced a EUR 247 million EIFO-backed green term loan to partly fund Wind Apex, its third A-class offshore wind installation vessel, with delivery expected in Q2 2027. The 12-year facility, supported by EIFO and a bank syndicate, reinforces Cadeler’s growth trajectory and fleet expansion while underscoring lender confidence in the company’s project delivery capabilities. This financing milestone may modestly de-risk Cadeler’s capex runway and could support a constructive re-rating as Wind Apex nears delivery.
Cadeler signs EUR 247m EIFO-backed green loan for Wind Apex.
12-year facility backed by EIFO and banks; Wind Apex delivery in Q2 2027.
Lenders include HSBC, KfW IPEX-Bank, Rabobank, and DNB Bank ASA.
Cadeler emphasizes growth, customer demand, and strategic financing support.
Wind Apex expands Cadeler's fleet capacity and offshore-wind installation footprint.
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