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RTE awards €1B cable supply contracts to five suppliers · Endata

◂ Announcements

Nov 5, 2024CONTRACTFrance

RTE awards €1B cable supply contracts to five suppliers

RTE has contracted with Prysmian, Nexans, NKT-SolidAl and Hellenic Cables for the supply and installation of about 5,200 km of high-voltage underground power cables, worth almost €1 billion. Cables will be produced in Europe, including at Prysmian plants in France.

Value

$1.08B (1.00B EUR)

Status

Announced

Capacity

5200 km of cables

Productshigh-voltage underground power cables

CompaniesPrysmian supplier RTE customer Nexans supplier Hellenic Cables supplier NKT-SolidAl supplier

Sectors#Electrical Equipment

“Securing these strategic supplies is essential for RTE to if we are to meet future requirements for developing and strengthening the electricity transmission network.”prysmian.com

1 source
prysmian.comRTE strengthens its strategic supplies and contributes to developing French industry through the purchase of more than 5,000 km of high-voltage underground power cables from five European suppliers | PrysmianNov 5, 2024

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

More from Prysmian

Jul 24, 2024INVESTMENTPikkala (Finland), Pozzuoli (Italy), Gron (France), Finland$488.0M
EIB provides €450M to Prysmian for cable capacity expansion
Prysmian European Investment Bank investor prysmian.com
Jul 1, 2024NEW FACILITYMcKinney, Texas, United States$500.0M120 jobsops 2027
Prysmian to build $500M medium voltage cable plant in McKinney, Texas
Prysmian Encore Wire partner na.prysmian.com
Jun 20, 2024EXPANSIONKirkkonummi, Finland$37.5Mops Jun 2026
YIT to expand Prysmian Group's warehouse facilities in Kirkkonummi, Finland
YIT Prysmian customer worldconstructionnetwork.com
May 8, 2024CONTRACTNorway, Norway
VARD contracts TMC to supply compressed air system for Prysmian cable laying vessel
Prysmian customer TMC Compressors supplier tmc.com
Apr 18, 2024CONTRACTNorth Sea, Netherlands; Veerse Meer, Netherlands; Zeeland, Netherlands, Netherlands
DEME wins cable installation contracts from Prysmian for Dutch offshore grid systems
TenneT partner Prysmian customer deme-group.com
Apr 12, 2024ACQUISITIONUnited States$4.20B
Prysmian to acquire Encore Wire for $290 per share
Prysmian acquirer Encore Wire target prysmian.com nsenergybusiness.com

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