The merger between Cadeler and Eneti has finally been completed with the listing on the New York Stock Exchange, creating an offshore wind installation giant. The bell ringing marked the completion of the combination process and a new listing. The joint entity will be named Cadeler with headquarters in Copenhagen, Denmark, and other offices in the UK, US, Taiwan and Japan. 

Cadeler will be able to handle the largest and most complex next-generation offshore wind installation projects, ensuring customers and partners have the strongest choice of flexibility and supply certainty.

Mikkel Gleerup, CEO of Cadeler, said, “This marks a historic moment for Cadeler and the entire offshore wind industry. We offer our partners and clients access to the strongest and most skilled team and the industry’s largest, most flexible, most diverse, and modern fleet of wind farm installation vessels. We are committed to facilitating the world’s transition to a more sustainable planet built on renewable energy by being the key supplier in the development of offshore wind energy.”

The current CEO of Cadeler, Mikkel Gleerup, will continue as CEO after the combination, and Peter Brogaard Hansen will continue as CFO. Andreas Sohmen-Pao will continue as Chairman of the Board of Directors, and Emanuele Lauro, the current CEO of Eneti, will expectedly be nominated for election to the Board of Directors as Vice Chairman shortly after the completion of the offer.