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NKT awarded €1.5B framework agreement with TenneT for offshore wind cable systems · Endata

◂ Announcements

May 8, 2023CONTRACTNorth Sea, Netherlands

NKT awarded €1.5B framework agreement with TenneT for offshore wind cable systems

NKT has been awarded a multi-year framework agreement by TenneT to supply HVDC power cable systems for offshore wind farms Nederwiek 3 and Doordewind 1 & 2, with a combined capacity of 6 GW. The contracts are valued at approximately €1.5 billion and are expected to be called off in 2025.

Value

$1.65B (1.50B EUR)

Status

Announced

Capacity

6 GW

ProductsHVDC power cable systems

CompaniesNKT TenneT customer

Sectors#Power Generation Equipment

“The framework agreement stipulates that NKT is to supply several high-voltage direct current (HVDC) on- and offshore power cable systems.”energywatch.com

1 source
energywatch.comNKT secures two European orders, launches investment programMay 8, 2023

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

More from NKT

Nov 3, 2026CONTRACTDenmark, Denmark
NKT secures framework agreements with N1 for power cables in Denmark
NKT N1 customer news.cision.com
Oct 21, 2026EXPANSIONEsposende, Portugal, Portugal150 jobsops 21 Oct 2026
NKT inaugurates expanded power cable factory in Portugal
NKT nkt.com news.cision.com
Mar 4, 2026CONTRACTUK (onshore and offshore, route length ~680 km), United Kingdom$2.40B
NKT signs EUR 2.2bn HVDC cable contract for Eastern Green Link 3
National Grid Electricity Transmission customer NKT supplier news.cision.com
Jan 26, 2026CONTRACTScotland, United Kingdom$2.40B
SSEN Transmission awards $2.4B HVDC cable contracts to NKT
NKT supplier SSEN Transmission customer switchgear-magazine.com
Jan 20, 2026CONTRACTScotland, United Kingdom$2.08B
NKT awarded €2B contract for SSEN Transmission subsea cable projects
NKT supplier SSEN Transmission customer energy-pedia.com
Jan 19, 2026CONTRACTScotland, United Kingdom$2.18B
NKT signs final contracts for two HVDC cable projects in Scotland worth €2B
NKT supplier SSEN Transmission customer investors.nkt.com

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