Nexans strengthens its partnership with TenneT through a new project
under frame agreement

Nexans strengthens its partnership with TenneT through a new project
under frame agreement
_PRESS RELEASE_
• Nexans secures new project under TenneT framework agreement
• The project involves the EPCI of 250 km of HVDC XLPE technology cables for the LanWin 2
offshore grid connection system, transmitting 2GW of offshore wind energy from the German
North Sea to the mainland
• This 1 billion euros project strengthens Nexans' position as a key player in the European
offshore wind market.
Paris, January 15th, 2025 - Nexans, a global leader in the design and manufacturing of cable systems
and services, has secured the project agreement for LanWin 2, valued at 1 billion euros, under the
TenneT frame agreement awarded in May 2023.
This project involves the Engineering, Procurement, Construction, and Installation (EPCI) of 250 km of
525 kV High-Voltage Direct Current, Cross-Linked Polyethylene (HVDC, XLPE) onshore and offshore
export cable systems. The project is part of the development of TenneT's 2 GW offshore grid connection
program in the German North Sea. Commissioning of the project is expected in 2030.
This project highlights Nexans's ongoing partnership with TenneT, following the BalWin3 and LanWin4
projects announced in March 2024, to develop the infrastructure essential to support Germany and
Europe's renewable energy future.
Pascal Radue, EVP of Nexans' PWR-Transmission Business Group, stated:
"We are proud to secure this project under the TenneT framework agreement for the LanWin 2 project.
This achievement highlights Nexans' dedication to delivering innovative cable solutions and reliable
project execution to support Europe's energy transition".
About Nexans
For over a century, Nexans has played a crucial role in the electrification of the planet and is committed
to electrifying the future. With approximately 28,500 people in 41 countries, the Group is paving the way
to a new world of safe, sustainable and decarbonized electricity that is accessible to everyone. In 2023,
Nexans generated 6.5 billion euros in standard sales. The Group is a leader in the design and
manufacturing of cable systems and services across four main business areas: PWR-Transmission,
PWR-Grid, PWR-Connect and Industry & Solutions. Nexans was the first company in its industry to
create a Foundation supporting sustainable initiatives, bringing access to energy to disadvantaged
communities worldwide. The Group is recognized on the CDP Climate Change A List as a global leader
on climate action and has committed to Net-Zero emissions by 2050 aligned with the Science Based
Targets initiative (SBTi).
Nexans. Electrify the future.
Nexans is listed on Euronext Paris, compartment A.
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