Nexans reported two separate contracts, one from TenneT worth up to as much as €1 billion, and a second from Sweden to connect an island to the mainland.
A press release said that one contract is for a new project from Germany’s TenneT, a Dutch-German transmission system operator, that was secured under a 2023 framework agreement. The contract calls for Nexans to handle the engineering, procurement, construction and installation (EPCI) of 250 km of HVDC XLPE cables for the LanWin 2 offshore grid connection system.
The system is being designed to transmit 2 GW of offshore wind energy from the German North Sea to the mainland. Commissioning of the project is expected in 2030. This project highlights Nexans’s ongoing partnership with TenneT, following the BalWin3 and LanWin4 projects in March 2024, to develop the infrastructure essential to support Germany and Europe’s renewable energy future.
Nexans also announced that it has secured a big order from Swedish transmission system operator Svenska kraftnät to deliver 320 km of high-voltage subsea and onshore cables for the Gotland Connection project in Sweden. The project calls for the 220 kV HVAC subsea and onshore cables to strengthen the electricity supply between Gotland—the largest island of Sweden— and mainland Sweden.
The transition to a carbon-neutral industry on Gotland is expected to drive a sharp increase in electricity demand by the early 2030s.Under this contract, Nexans will supply and install the cable systems, which will be manufactured at several of the company’s plants. The project is scheduled for completion by mid-2030 and reinforces Nexans’ position as a trusted leader in energy infrastructure solutions.
