# 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.

- Type: Expansion
- Announced: 2021-01-21
- Where: Charleston, South Carolina, United States
- Value: $200.0M
- Starts operating: Sep 2021
- Status: under construction
- Products: high-voltage subsea cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Nexans](https://endata.com/companies/5093.md)

## Sources

- [forbes.com](https://www.forbes.com/sites/sharongoldman/2021/01/21/offshore-wind-farms-will-soon-rely-on-high-voltage-subsea-cables-made-in-the-usa/), 2021-01-21: "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"

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