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Nexans Strengthens Its Partnership with TenneT Through a New Project Under Frame AgreementParis, 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: Visit Nexans Official Website (https://www.nexans.com/en/)
Contacts Communication: - Mael Evin (Havas Paris)
Tel.: +33 (0)6 44 12 14 91
Email: nexans_h@havas.com (mailto:nexans_h@havas.com)
- Tilla Myhre
Tel.: +47 45250987
Email: Tilla.myhre@nexans.com (mailto:Tilla.myhre@nexans.com)
- Ilham Dahou
Tel.: +212 666467290
Email: ilham.dahou@nexans.com (mailto:ilham.dahou@nexans.com)
Investor Relations: - Elodie Robbe-Mouillot
Tel.: +33 (0)1 78 15 03 87
Email: elodie.robbe-mouillot@nexans.com (mailto:elodie.robbe-mouillot@nexans.com)
Social Media - LinkedIn (https://www.linkedin.com/company/nexans)
- Twitter (https://twitter.com/Nexans_)
- Facebook (https://www.facebook.com/NexansGroup/)
- YouTube (https://www.youtube.com/channel/UCHvxXmABSyRP7qZoexOcFng)