Cadeler secures €60m green loan

Cadeler has secured a second unsecured green corporate term loan facility totalling €60 million, according to the company.
Cadeler 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 arranged by HSBC and Clifford Capital.
The company said the financing will be used for general corporate purposes to enhance its balance sheet and financial flexibility.
Cadeler added that the facility strengthens its capacity to navigate current market dynamics, support strategic priorities and maintain financial resilience while executing large offshore wind installation projects.