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NKT signs turnkey contract for Champlain Hudson Power Express cable project · Endata

◂ Announcements

Power Generation Equipmentworld trade 2024+2.1% 5Y CAGR

Electrical Equipmentworld trade 2024+7.2% 5Y CAGR

Jul 1, 2022CONTRACTUnited States

NKT signs turnkey contract for Champlain Hudson Power Express cable project

NKT has signed a contract for engineering, manufacturing and installation of a 400kV DC transmission line for the Champlain Hudson Power Express project in the US. The contract is valued at more than EUR 1.4 billion and is subject to financial close expected in Q3 2022.

Value

$1.47B (1.40B EUR)

Status

Announced

Capacity

1250 megawatts

Productshigh-voltage DC power cabletransmission line

CompaniesNKT CHPE LLC customer

Sectors#Power Generation Equipment #Electrical Equipment

“The Champlain Hudson Power Express will facilitate transmission of sustainable hydropower from Canada to New York City.”investors.nkt.com

1 source
investors.nkt.comNKT I NKT signs turnkey contract for the Champlain Hudson Power Express project in the United StatesJul 1, 2022

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

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