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Cadeler seals $282m loan for offshore wind installation vessel newbuild
The facility has a 12-year tenor, with HSBC acting as coordinator, mandated lead arranger, facility agent, security agent, and EIFO agent, and a lending syndicate comprising KfW IPEX-Bank, Coöperatieve Rabobank, and DNB Bank. It finances the Wind Apex, the third A-class installation vessel being built by COSCO in China, scheduled for delivery in the second quarter of 2027. These details expand on Cadeler’s earlier announcement of the EIFO-backed €247m green loan for the same vessel.
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