Deals Counterparts

Ørsted contracts Cadeler for Sunrise Wind turbine installation

Supply Agreement Wind announced New London, USA Feb 24, 2026
924 MW
Capacity
construction
Stage
Sunrise Wind
Project

Ørsted will begin turbine installation on the 924MW Sunrise Wind soon using Cadeler’s Wind Scylla jack-up vessel.

Deal Analysis

Ørsted's contract with Cadeler for turbine installation at the 924MW Sunrise Wind project signifies a crucial step towards the project's realization. The agreement secures the use of Cadeler's Wind Scylla jack-up vessel, a specialized asset essential for offshore wind turbine deployment. While the financial details remain undisclosed, this supply agreement underscores Ørsted's commitment to expanding its renewable energy portfolio in the US market, despite their recent divestment of European onshore wind, solar, and storage business to Copenhagen Infrastructure Partners. The deal is notable due to the scale of the Sunrise Wind project (924MW) and the involvement of two established players in the renewable energy sector: Ørsted, a leading offshore wind developer, and Cadeler, a key supplier of installation vessels. The agreement highlights the increasing demand for specialized vessels capable of handling the next generation of larger wind turbines. The successful execution of this contract will be vital for Ørsted to meet its project timelines and contribute to the growing offshore wind capacity in the United States.
  • 924MW Sunrise Wind project represents a substantial investment in offshore wind.
  • Ørsted, a major player in offshore wind, is the developer.
  • Cadeler's Wind Scylla vessel is a key asset for turbine installation.
  • The deal signifies continued growth in the US offshore wind market.
Market Context: The offshore wind sector is experiencing rapid growth, particularly in the United States, driven by increasing demand for renewable energy and government support. Specialized vessels and experienced installation contractors are crucial for the successful deployment of these large-scale projects.

Source Intelligence

KEY DETAILS

It remains unclear when precisely the turbine work will begin, but the mariners’ briefing adds that the vessel is expected to remain in port for at least the next week.

Capacity
924MW Sunrise Wind
Location
Cadeler’s Wind Scylla jack-up vessel is currently docked in the port of New London. ... they will be stationed in the Sunrise Wind array. ... The Sunrise Wind array will deliver power to the New York grid and will make landfall on New York’s Long Island.
Announcement
24 February 2026
PARTIES MENTIONED IN SOURCE
O
Orsted buyer

"Orsted will begin turbine installation on the 924MW Sunrise Wind soon."

C
Cadeler seller

"Cadeler’s Wind Scylla jack-up vessel is currently docked in the port of New London."

medium quality Enriched Feb 24, 2026

Timeline

Announced
Feb 24, 2026
Signed
Closed

Market Context

This deal is part of the Wind sector in USA.
137
Wind deals
206
deals in USA
1 of 137 Wind deals tracked this month · Updated daily

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