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Nexans signs a record offshore wind contract

2023-05-05T05:52:18.012Z


The cable specialist has won an order worth 1.7 billion euros from the operator of the Dutch electricity network.


Until now, Nexans considered major contracts worth more than 500 million euros.

The signing of a 1.7 billion euro contract with the Dutch electricity grid operator Tennet is

"historic"

.

This agreement cumulates the first times.

Tennet has introduced a brand new tender process to connect 40 gigawatts of new wind capacity produced in the North Sea to land by 2030.

Until now, these contracts were awarded one after the other.

Tennet has decided to launch a call for tenders for ten lots, ie as many wind farms to be connected to the earth, for a total amount of around 5 billion euros for the connection alone.

In March, Nexans' Italian rival Prysmian announced the signing of a 1.8 billion euro contract with Tennet to connect two wind farms in the Dutch North Sea.

Read alsoFloating wind turbines, these giants of the sea that arouse covetousness

Nexans has therefore just won three batches, all located in the German North Sea...

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Source: lefigaro

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