Cadeler has obtained a second unsecured green corporate term loan facility totalling €60 million, the offshore wind installation company said.
The Green Corporate Loan Facility includes a non-committed accordion option of up to €80 million and carries a tenor of up to five years. The arrangement was coordinated by HSBC and Clifford Capital, according to Cadeler.
The company said the funds will be used for general corporate purposes, supporting its balance sheet and strengthening overall financial flexibility. The new facility, it added, will help the company manage “current market dynamics” and maintain resilience as it delivers large offshore wind installation projects.
Cadeler said the financing would “strengthen its capacity to navigate current market dynamics, support strategic priorities and maintain financial resilience while executing large offshore wind installation projects,” reflecting its continued expansion in the sector.
