Cadeler steers clear of US market so far: "It's too costly"

Nonetheless, the current US wind turbine installation pipeline will eventually become too great to ignore, chief executive says.
It's both costly and cumbersome to gain foothold in the US market, says Mikkel Gleerup, CEO of Cadeler. | Photo: cadeler
It's both costly and cumbersome to gain foothold in the US market, says Mikkel Gleerup, CEO of Cadeler. | Photo: cadeler

The US will install many offshore large wind farms over the coming years, but Danish shipping company Cadeler retains that it is still too costly to go transatlantic.

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