The EUR 247 million green loan removes a key financing overhang for the Wind Apex newbuild, de-risking the vessel's Q2 2027 delivery timeline. With the 20-F annual report showing a growing fleet and strong contract backlog, this financing supports Cadeler's capacity expansion. Monitor for further vessel orders and contract announcements as the fleet scales.
Price Chart
Executive Summary
Cadeler secured a EUR 247 million EIFO-backed senior secured green term loan facility to partially finance the construction of its third A-class newbuild offshore wind installation vessel, Wind Apex, with delivery expected in Q2 2027. The 12-year facility, designated as green financing, is syndicated among HSBC, KfW IPEX-Bank, Rabobank, and DNB. This financing removes a key capital overhang for the vessel build and signals strong lender confidence in Cadeler's growth trajectory.
Key Facts
- EUR 247 million EIFO-backed senior secured green term loan facility signed
- Proceeds to partially finance construction of third A-class newbuild vessel, Wind Apex
- Wind Apex delivery expected in Q2 2027
- 12-year facility designated as green financing under Cadeler's Green Finance Framework
- Lending syndicate includes HSBC, KfW IPEX-Bank, Rabobank, and DNB Bank ASA
- EIFO (Export and Investment Fund of Denmark) is the supporting agency
Financial Impact
EUR 247 million green term loan facility secured for vessel construction
Risk Factors
- Vessel construction delays or cost overruns beyond Q2 2027 delivery
- Offshore wind project delays or cancellations reducing vessel utilization
- Interest rate exposure on EUR 247 million floating-rate facility over 12-year term
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001978867-26-000075 |
| Document: 0001978867-26-000075-index-headers.html | 0001978867-26-000075 |
| Document: 0001978867-26-000075-index.html | 0001978867-26-000075 |
| Document: 0001978867-26-000075.txt | 0001978867-26-000075 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | SC 14D-9/A | $24.96 $25.11 | ▲ +0.60% | ▲ +1.12% | $24.46 (−2.00%) |
Oct 22, 2026 4d ago | SC TO-T/A | $24.96 $25.11 | ▲ +0.60% | ▲ +1.12% | $24.46 (−2.00%) |
Oct 21, 2026 5d ago | 6-K | $24.96 $25.11 | ▲ +0.60% | ▲ +1.12% | $24.46 (−2.00%) |
Oct 21, 2026 5d ago | 6-K | $24.83 $24.96 | ▲ +0.52% | ▲ +1.70% | $24.46 (−1.49%) |
Oct 6, 2026 20d ago | 6-K | $22.04 $21.77 | ▼ −1.23% | ▼ −0.98% | $24.46 (+10.98%) |
Sep 25, 2026 4w ago | 6-K | $23.51 $22.90 | ▼ −2.59% | ▼ −1.85% | $24.46 (+4.04%) |
Sep 23, 2026 4w ago | 6-K | $24.58 $23.45 | ▼ −4.60% | ▼ −4.52% | $24.46 (−0.49%) |
Sep 22, 2026 4w ago | SC 14D-9 | $25.52 $24.58 | ▼ −3.68% | ▼ −2.96% | $24.46 (−4.15%) |
Sep 22, 2026 4w ago | SC TO-T | $25.52 $24.58 | ▼ −3.68% | ▼ −2.96% | $24.46 (−4.15%) |
Sep 22, 2026 4w ago | 6-K | $25.52 $24.58 | ▼ −3.68% | ▼ −2.96% | $24.46 (−4.15%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers