June 5, 2025

Landmark electric grid project deploying cable from Nexans remains in gridlock

The Great Sea Interconnector faces major delays amid financing shortfalls, regulatory reversals, and missed investment commitments, despite a governmental handover to Greece’s IPTO and contractual engagement with Nexans. The project’s economic foundation remains fragile as stakeholders seek to secure viability across Europe’s strategic grid integration effort.

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new hires and promotions

SAMP Group appointed Marcel Baettig as CEO in a strategic leadership shift. American Wire Group welcomed Neal Hamer to lead engineering efforts, while Service Wire expanded its Midwest sales team and saw two employees recognized by tED Magazine for excellence.

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