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NKT has signed a final binding agreement with Moray East Offshore Windfarm (MOWEL) to manufacture and install about 175 km of 220 kV AC offshore export cables for the 950 MW Moray East project. The order is valued at nearly €150 million.
“The order is valued a nearly €150m in market prices, equivalent to about €140m in standard metal prices.”nsenergybusiness.com
Summarized from public sources; check the original articles before acting on it.