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NKT was awarded a contract worth approximately EUR 300 million by 50Hertz to supply 270 km of offshore and 8 km of onshore high-voltage AC cable for the Ostwind 2 offshore wind farm grid connection in Germany.
NKT has converted a Preferred Supplier Agreement into a firm order from innogy for delivery and installation of export and array cable systems for the Triton Knoll offshore wind farm. The contract value for NKT is approximately EUR 115 million.