# 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.

- Type: Contract
- Announced: 2023-05-08
- Where: North Sea, Netherlands
- Value: $1.65B (1.50B EUR)
- Status: announced
- Capacity: 6 GW
- Products: HVDC power cable systems
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [NKT](https://endata.com/companies/15394.md)
- [TenneT](https://endata.com/companies/272.md) (customer)

## Sources

- [energywatch.com](https://energywatch.com/EnergyNews/Renewables/article15754225.ece), 2023-05-08: "The framework agreement stipulates that NKT is to supply several high-voltage direct current (HVDC) on- and offshore power cable systems."

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