Cadeler stock jumps as Europe doubles down on offshore wind — what to know before the next session
Cadeler shares jumped 5.4% in Oslo to 58.10 crowns Tuesday, extending a two-day rally after European governments pledged 100 GW of North Sea offshore wind capacity. U.S.-listed Cadeler ADRs rose 8.6% to $24.36, hitting a one-year high. The Oslo OBX index gained 0.35%, with Cadeler among the top performers. Trading volume increased amid optimism for wind supply-chain companies.
