NKT Is Preferred Bidder for Moray East Offshore Wind Farm Project

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.

A PBA is a key step towards a final order which is conditional upon final negotiation of the EPC contract and the project owner making a final investment decision (FID) for the offshore wind farm. The FID decision is expected during Autumn 2018 and follows the success of Moray East in the recent UK allocation of Contracts For Difference (CfD).

The Moray East project comprises the manufacture of approx. 185 km of 220 kV A ...

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