# Nexans wins €1.43B contract for EuroAsia Interconnector

Nexans has won a €1.43 billion turnkey contract for the section of the EuroAsia Interconnector connecting Greece and Cyprus, involving manufacturing and installation of subsea HVDC cables. The interconnector will deliver up to 2,000 MW of energy.

- Type: Contract
- Announced: 2023-07-19
- Where: Mediterranean Sea (between Cyprus and Greece), Greece
- Value: $1.60B (1.43B EUR)
- Status: announced
- Capacity: 2,000 MW
- Products: subsea HVDC cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Nexans](https://endata.com/companies/5093.md)
- [Nexans](https://endata.com/companies/5093.md) (supplier)
- [EuroAsia Interconnector](https://endata.com/companies/46165.md) (customer)

## Sources

- [reuters.com](https://www.reuters.com/business/energy/nexans-wins-143-bln-euro-contract-euroasia-interconnector-2023-07-19/), 2023-07-19: "The EU-funded interconnector will deliver up to 2,000 MW of energy to Europe and be the largest interconnector project in history."
- [nexans.com](https://www.nexans.com/press-releases/nexans-wins-record-breaking-contract-for-the-euroasia-interconnector/), 2023-07-19: "This record-breaking project demonstrates our capacity to innovate and push the limits of electrical transmission and distribution."
- [stockwatch.com.cy](https://www.stockwatch.com.cy/en/news/euroasia-interconnector-signs-record-breaking-subsea-cable-deal-with-nexans), 2023-07-19: "The Nexans submarine cable contract, valued at €1.43 billion, sets multiple world records including the longest and deepest HVDC cables ever laid, each with a length of 900 km that will be supplied and installed by Nexans Aurora and Nexans Skagerrak submarine cable laying vessels, and run across the"

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