Nexans Strengthens Its Partnership with TenneT Through a New Project Under Frame Agreement

Paris, January 15th, 2025 – Nexans, a global leader in the design and manufacturing of cable systems and services, has secured a project agreement for the LanWin 2 system, valued at 1 billion euros, under the TenneT frame agreement awarded in May 2023.

---

Key Highlights of the Project 
- **Objective:** Engineering, Procurement, Construction, and Installation (EPCI) of 250 km of 525 kV High-Voltage Direct Current, Cross-Linked Polyethylene (HVDC XLPE) cable systems. 
- **Scope:** Both onshore and offshore export cables as part of the LanWin 2 offshore grid connection system. 
- **Purpose:** Transmit 2 GW of offshore wind energy from the German North Sea to the mainland. 
- **Timeline:** Commissioning expected in 2030. 
- **Impact:** Supports TenneT's 2 GW offshore grid connection program, vital for Germany and Europe's renewable energy transition.

Statement from Pascal Radue, EVP of Nexans' PWR-Transmission Business Group: 

Quote"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 key role in electrifying the planet and is committed to electrifying the future. The company employs approximately 28,500 people in 41 countries and is leading the way in creating a safer, sustainable, and decarbonized electricity future.

Key Achievements: 
- Generated 6.5 billion euros in standard sales in 2023. 
- Operates across four main business areas: 
  1. **PWR-Transmission** 
  2. **PWR-Grid** 
  3. **PWR-Connect** 
  4. **Industry & Solutions** 

Commitments: 
- Nexans was the first company in its industry to create a Foundation supporting sustainable initiatives, providing energy access to disadvantaged communities. 
- Recognized on the CDP Climate Change A List for leadership in climate action. 
- Committed to achieving Net-Zero emissions by 2050, aligned with the Science Based Targets initiative (SBTi). 

For more information: You are not allowed to view links. Register or Login

---

Contacts 

Communication: 
- Mael Evin (Havas Paris) 
  Tel.: +33 (0)6 44 12 14 91 
  Email: You are not allowed to view links. Register or Login 

- Tilla Myhre 
  Tel.: +47 45250987 
  Email: You are not allowed to view links. Register or Login 

- Ilham Dahou 
  Tel.: +212 666467290 
  Email: You are not allowed to view links. Register or Login 

Investor Relations: 
- Elodie Robbe-Mouillot 
  Tel.: +33 (0)1 78 15 03 87 
  Email: You are not allowed to view links. Register or Login

---

Social Media 
- You are not allowed to view links. Register or Login 
- You are not allowed to view links. Register or Login 
- You are not allowed to view links. Register or Login 
- You are not allowed to view links. Register or Login