NKT signs service agreement with TenneT for high-voltage cable systems

The German-Dutch power grid operator TenneT has awarded NKT a service contract covering cable jointing of offshore high-voltage power cables.

NKT has entered a Preferred Supplier Agreement (PSA) as main contractor for delivery and installation of high-voltage DC on- and offshore export cable systems to the prospective Dogger Bank offshore Wind Farms Creyke Beck A/B. The project is being developed as a joint venture by Equinor (50%) and SSE (50%).

It's the largest offshore export cable order ever for NKT worth approx. EUR 300m / The contract was won in a consortium with Boskalis Subsea Cables & Flexibles, who will install the offshore cable system

NKT has signed an export cable Pre-Construction Agreement (PCA) for delivery and installation of export cable system to the prospective UK offshore wind farm project Inch Cape.

NKT has successfully commissioned the high-voltage cable system project for the 659 MW offshore wind park Walney Extension in the Irish Sea.

NKT has successfully commissioned and handed over the 155 kV high-voltage AC Nordergründe offshore wind transmission link on time to the Dutch-German transmission system operator TenneT.

NKT has signed a Preferred Bidder Agreement (PBA) for delivery and installation of export cable systems to the prospective offshore wind farm project Moray East, developed by MOWEL, Moray East Offshore Windfarm Ltd, owned by EDP Renováveis S.A., and ENGIE.

NKT has signed a Preferred Supplier Agreement (PSA) for delivery and installation of export and array cable systems to the prospective offshore wind farm project Triton Knoll.

Yesterday, the new NKT cable-laying vessel was named NKT Victoria at a ceremony at the power cable plant in Karlskrona, Sweden. The act was carried out by the regional Governor of Blekinge and marks the starting point of a new era of NKT turnkey high-voltage offshore cable system capabilities.

A new world-record 640 kV extruded DC (Direct Current) cable system has been successfully tested and qualified by NKT Cables. The commercialisation of the first 640 kV extruded DC underground system with advanced material technology will increase the maximum power transmission of cable systems by 20% and allow better integration of distant renewable energy sources into the global energy systems.

nkt cables' acquisition of ABB HV Cables completed

As previously reported the European Commission has approved that NKT Cables’ acquisition of the ABB high-voltage cables business can be completed as planned.

nkt cables’ acquisition of ABB HV Cables approved by EC

nkt cables has entered into an agreement with ABB Group concerning the acquisition of the ABB high-voltage cables business.

Starting from February 1st, Philipp Stenzel, Head of Group Marketing for nkt cables will take over the chairmanship of the Europacable Communication Team from Yann Gontier of Nexans.

nkt cables teams up with VBMS to install Kriegers Flak Combined Grid Solution

The Kriegers Flak and Baltic 2 windfarms to be connected via the two AC submarine cables delivered by nkt cables.

nkt cables has been awarded a contract by TenneT for delivery and installation of the export cable systems for Netherlands’ grid connection system Borssele Alpha together with an option for Borssele Beta, in a consortium with Boskalis’ subsidiary VBMS.

nkt cables has entered into a purchase agreement to acquire ABB HV Cables, a wholly owned business of the ABB Group, at an enterprise value of EUR 712m (DKK 5.3bn). Including ABB HV Cables’ committed investment in a new, cutting-edge cable-laying vessel to be delivered and paid in Q1 2017 of EUR 124m (DKK 0.9bn), total enterprise value amounts to EUR 836m (DKK 6.2bn).

nkt cables has supplied the 72 kV connector which enables transmission of power from one of the two V164 8MW prototype wind turbines from MHI Vestas installed in Maade, near Esbjerg on Denmark’s west coast. The two wind turbines, which are the largest on the market, provide power to approximately 18,000 Danish households.

nkt cables will be at the CIGRE 2016 Technical Exhibition in Paris from 22nd – 26th August, where we will be showcasing innovative products and solutions for high voltage and extra high voltage power systems, including:

Ellevio has implemented a tender for its future needs for power cables in their distribution networks and has assigned nkt cables a contract for 3 + 1 years. The agreement includes low-voltage and medium-voltage cable and Universal Cables.

nkt cables has been awarded a contract by DONG Energy to deliver 170 kilometres of 220 kV high-voltage AC submarine export cable system for the Hornsea Project One offshore wind farm.

nkt cables has been awarded the order for delivery and installation of the export cable system for the Galloper offshore wind farm in a consortium with VBMS, a Dutch marine contractor.

Germany: EXCELLENCE 2020 - nkt cables’ new strategy

The new strategic plan is set for nkt cables to become excellent in terms of shareholder value and in the eyes of both the customers and the employees

nkt cables is pleased to announce two important new Management appointments intended to drive excellence in our Finance & Support and Human Resources functions.

As informed in NKT's Company Announcement no. 18 of 16 December 2014, nkt cables was awarded an order for delivery of export cable systems to the Race Bank offshore wind farm by DONG Energy.