2024-06-21 11:35:11 ET
Summary
- Cadeler A/S should attract green investors with its role in wind farm development and sustainability efforts.
- The company is expanding its fleet significantly, with plans to grow its business and capitalize on Europe's wind power growth.
- Cadeler's valuation is expected to increase based on revenue and EBITDA projections for 2024, making it a Buy with a target price of $31.44.
mInvestment thesis for Cadeler
A relatively new publicly traded corporation may attract green investors, thanks to its role in developing wind farms, and its own sustainability efforts.
Cadeler A/S ( CDLR ) began trading on the New York Stock Exchange last December; it is also listed on the Oslo Stock Exchange. These listings will help it in raising capital to grow its business significantly in the next few years....
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Cadeler: A Growth Opportunity For Green Investors