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Nexans to invest $200M in Charleston subsea cable plant upgrade · Endata

◂ Announcements

Jan 21, 2021EXPANSIONCharleston, South Carolina, United States

Nexans to invest $200M in Charleston subsea cable plant upgrade

Nexans is investing $200 million to upgrade its Charleston, South Carolina factory to manufacture high-voltage subsea cables for offshore wind farms. The upgrade will be completed in September 2021.

Value

$200.0M

Starts operating

Sep 2021

Status

Under construction

Productshigh-voltage subsea cables

CompaniesNexans

Sectors#Electrical Equipment

“A $200 million upgrade, to be completed in September, will create the only North American factory manufacturing the innovative, complex, high-voltage subsea cables that will power offshore wind farms”forbes.com

1 source
forbes.comOffshore Wind Farms Will Soon Rely On High-Voltage Subsea Cables Made In The USASharon GoldmanJan 21, 2021

Summarized from public sources; check the original articles before acting on it.

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Apr 10, 2026CONTRACTNorth Sea, Germany$1.65B
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Feb 4, 2026INVESTMENTBourg-en-Bresse, France$17.0M
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Feb 4, 2026CONTRACTBourg-en-Bresse, France$648.0M
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Jan 28, 2026ACQUISITION$225.0M
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