# NKT awarded turnkey contract by TenneT for BorWin5 project

NKT has been awarded a turnkey contract worth below EUR 250 million by TenneT to deliver and install a high-voltage DC power cable system for the BorWin5 offshore wind project in Germany. Production is expected to start end-2021 with commissioning in 2025.

- Type: Contract
- Announced: 2020-08-11
- Where: North Sea off Borkum; Garrel/Ost, Lower Saxony, Germany
- Value: $295.0M (250.0M EUR)
- Status: announced
- Capacity: 900 MW
- Products: high-voltage DC power cable system
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [NKT](https://endata.com/companies/15394.md)
- [TenneT](https://endata.com/companies/272.md) (customer)
- [Siemens](https://endata.com/companies/301.md) (supplier)
- [Dragados Offshore](https://endata.com/companies/10109.md) (supplier)
- [NKT](https://endata.com/companies/15394.md) (supplier)

## Sources

- [nkt.com](https://www.nkt.com/news-press-releases/nkt-awarded-turnkey-high-voltage-dc-power-cable-for-the-offshore-wind-connection-borwin5), 2020-08-11: "NKT has been awarded a turnkey contract of below EUR 250m by TenneT to deliver and install a high-voltage DC power cable system for the BorWin5 project in Northern Germany."
- [nsenergybusiness.com](https://www.nsenergybusiness.com/company-news/tennet-awards-borwin5-contracts/), 2020-08-11: "With the award of BorWin5, we are proceeding with the continuous cost reduction in the construction of offshore grid connection systems."
- [windkraft-journal.de](https://www.windkraft-journal.de/2020/08/11/tennet-setzt-auf-nkt-stromkabelsystems-fuer-das-borwin5-offshore-projekt/151785), 2020-08-11: "NKT hat den Zuschlag für einen 'Turnkey'-Auftrag für unter EUR 250 Mio. für die Lieferung und Installation eines HGÜ-VPE Stromkabelsystems für das BorWin5 Projekt in Norddeutschland von TenneT erhalten."
- [oceannews.com](https://oceannews.com/news/subsea-cable/nkt-awarded-turnkey-contract-by-tennet-for-borwin5-project/), 2020-08-13: "The BorWin5 project win proves the value of our long-term collaboration with TenneT and confirms our strong position as a high-voltage DC solution provider."

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