BW and Scorpio back Cadeler’s fresh capital raise for fleet growth

Offshore wind vessel heavyweight Cadeler has raised around $203m in fresh equity as it lines up its next round of fleet expansion. The Copenhagen-based, Oslo- and New York-listed company said the private placement was priced above its five-day volume-weighted average, with strong backing from existing investors including BW Altor and Scorpio-linked interests. BW Altor, tied …

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