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Ningbo Orient Wires & Cables (Oriental Cable) will invest £10 million to acquire about 8.5% equity in UK-based XLCC Limited, a high-voltage direct current (HVDC) cable manufacturer. The two companies also signed a strategic cooperation agreement for HVDC cable design and manufacturing.
Peel Ports Clydeport signed an option agreement with XLCC for a 70-acre facility at Hunterston PARC in Ayrshire, Scotland, to produce HVDC subsea cables, with investment of £370 million and creation of 900 permanent jobs.
| Site | Largest | Latest |
|---|---|---|
| Hunterston Port and Resource Campus, United Kingdom | $510.0M | 2021-08-25 |