# 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.

- Type: Contract
- Announced: 2022-07-01
- Where: United States
- Value: $1.47B (1.40B EUR)
- Status: announced
- Capacity: 1250 megawatts
- Products: high-voltage DC power cable, transmission line
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [NKT](https://endata.com/companies/15394.md)
- [CHPE LLC](https://endata.com/companies/63854.md) (customer)

## Sources

- [investors.nkt.com](https://investors.nkt.com/company-announcements/2022/nkt-signs-turnkey-contract-for-the-champlain-hudson-power-express-project-in-the-united-states/), 2022-07-01: "The Champlain Hudson Power Express will facilitate transmission of sustainable hydropower from Canada to New York City."

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