TenneT signs €5.5bn HVDC cable framework agreement

TenneT has signed a framework cooperation agreement with NKT, Nexans and a consortium of Jan De Nul Group, LS Cable & System and Denys for the installation of HVDC cable systems for offshore wind projects in Germany and the Netherlands and an onshore project in Germany, covering around 7,000 km of cables, valued at €5.5 billion ($6.2 billion).

“The €5.5bn ($6.2bn) deal, which was awarded to NKT, Nexans and a consortium of Jan De Nul Group, LS Cable & System and Denys, aims to supply six German and three Dutch 2GW offshore grid connection systems by 2031, as well as an onshore project in Germany called NordOstLink, which will be operational”powersystems.technology

• 1 source
• powersystems.technologyTenneT, NKT, Nexans, Jan De Nul Group, LS Cable & System, Denys, HVDC cable system, offshore grid connection, onshore project, energy transition, multi-year agreement.May 5, 2023

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