# Nexans wins over €220M subsea HVDC cable contract from Ariadne Interconnection

Nexans was awarded a contract by Ariadne Interconnection S.P.S.A (owned by IPTO) to design, manufacture and install a 335 km subsea HVDC cable system linking Crete to mainland Greece. The contract value exceeds €220 million, with a 35-month project timeline.

- Type: Contract
- Announced: 2020-05-27
- Where: Crete to Attica region, Greece
- Value: $242.0M (220.0M EUR)
- Status: announced
- Products: subsea HVDC cable system
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Nexans](https://endata.com/companies/5093.md) (supplier)
- [IPTO](https://endata.com/companies/39557.md) (partner)
- [Ariadne Interconnection S.P.S.A.](https://endata.com/companies/47468.md) (customer)

## Sources

- [nexans.com](https://www.nexans.com/press-releases/nexans-wins-major-subsea-hvdc-cable-contract-from-greeces-ariadne-interconnection-s-p-s-a/), 2020-05-27: "The new interconnection will enable Crete’s renewable energy transition by providing a one gigawatt link."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.