# NKT invests in additional high-voltage capacity at Cologne factory

Following the Amprion order, NKT will invest in additional high-voltage capacity at its existing factory in Cologne, Germany.

- Type: Investment
- Announced: 2024-03-05
- Where: Cologne, Germany, Germany
- Value: $108.8M (100.0M EUR)
- Starts operating: 2027
- Status: announced
- Products: high-voltage power cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

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

## Sources

- [news.cision.com](https://news.cision.com/nkt/r/nkt-secures-order-for-two-power-cable-projects-and-invests-in-additional-high-voltage-capacity-in-germany,c4223739), 2024-03-05: "NKT invests in additional high-voltage capacity at its existing factory in Cologne, Germany."
- [power-technology.com](https://www.power-technology.com/news/nkt-power-cable-contracts-germany/), 2024-03-06: "In anticipation of a strong high-voltage market, particularly in Germany, NKT is investing €100m in its Cologne facility to increase capacity."
- [wirenet.org](https://www.wirenet.org/news-categories/item/1232-nkt-to-supply-amprion-600-km-of-power-cable-for-2-on-shore-projects-in-germany), 2024-04-04: "The added capacity is planned to be gradually operational from 2027 and is expected to support NKT’s medium-term financial ambition of delivering RoCE above 20%."

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