News Release from Jan De Nul NV

Wind Industry Profile of

Jan De Nul NV

10/12/2023

Jan De Nul and Hellenic Cables sign export cable contracts for Baltyk II & III offshore wind farms

A consortium of Jan De Nul Group and Hellenic Cables will design, manufacture, transport and install a package of four 220 kV HVAC export cables to connect the Polish offshore wind farms Baltyk II and Baltyk III to shore. Upon completion, these wind farms developed by the joint venture of Equinor and Polenergia will provide green electricity to more than two million Polish households.

Wind farms Baltyk II and Baltyk III are located in the Polish zone of the Baltic Sea. Each will have a capacity of 720 MW and connect to the onshore grid via a total of four HVAC submarine cables, with a combined length of 256 km. Baltyk II and Baltyk III will be two of the first operational offshore wind farms in Poland, supporting the country in its transition to renewable energy.

A continued partnership allows for smooth sailing.

Jan De Nul and Hellenic Cables continue their partnership for offshore cable works, after recently announcing their collaboration on the RWE Thor project in Denmark and TenneT DolWin Kappa in Germany. The companies will execute the connection of the two Baltyk wind farms to shore in 2026.

The design and manufacture of the HVAC cables are performed at Hellenic Cables’ plant in Corinth, Greece, after which Jan De Nul transports, installs and buries the cables.

Wouter Vermeersch, Manager Offshore Cables at Jan De Nul Group: “We are proud that Equinor and Polenergia have awarded us to install the export cables for these 2 important Polish projects and their recognition of the combined capabilities of Jan De Nul and Hellenic Cables. A further significant milestone in the construction of the energy transition for Poland and Europe."

Alexis Alexiou, CEO of Cenergy Holdings: “Hellenic Cables is proud to renew our collaboration with Jan De Nul and together to support Equinor and Polenergia in meeting their export cable needs for Baltyk II & III offshore wind projects. We look forward to executing the project safely and supporting the energy transition in Europe and Poland.”