Cadeler's Oslo initial public offering has sold out, Swire Pacific Offshore-backed wind farm vessel company's global coordinators have said.

DNB Markets and SpareBank 1 Markets have indicated to the company that there has been "significant interest" from international and domestic investors in the NOK 917m ($101.5m) offering.

Based on orders received, it is expected that the price per share will be set at NOK 23.50