Investor Presentation
CADELER ✓ ENETI
Transaction to accelerate growth by 2 - 3 years
Increased open capacity to unlock value for our clients in a period with higher likelihood of project slippage
Modern, high-quality fleet fully delivered by 2026
#
Name
Built/
expected
delivery
Main
crane capacity
(tonnes)
Hook
Height
(meters)
Turbine
installation
capacity (MW)
2023
2024
2025
2026
2027
Illustrative delivery schedule and delivered fleet
1
Zaratan
2012
800
92
9.5
2
Scylla
2015
1,540
105
12-14
3
Orca
2012/Q1/20242)
1,600³)
160
15-20
4
Osprey
2013/Q1/20242)
1,600³)
160
15-20
5
Nessie
Q1 2025
2,600
174
20+
6
Siren
Q3 2025
2,600
174
20+
7
X-class #1
Q3 2024
>2,600
>200
20+
8
X-class #2
Q2 2025
>2,600
>200
20+
9
F-class #1
Q4 2025
>3,000
>200
20+
10
F-class #2
H2 2026
>3,000
>200
& up to 6 XL monopile
foundations/load¹)
# of days not contracted 2024-20264
1,282
+177%
2,267
3,549
CADELER
>ENETI
Post-deal
1) XL monopile weighs ~2,300-2,600mt with diameter up to ~12m 2) Crane upgrades planned for Q1/2024 in order to add capabilities to install next generation 20+MW turbines 3) Post-crane upgrade 4) Including mob/demob days and all option days, adjusted for
no-contractable days due to crane upgrades on the O-Class vessels. Including Zaratan reservation agreement of 9 months durationView entire presentation