Today techs Nexans connects the offshore wind venture

today techs

Nexans connects the offshore today techs wind venture ofØrsted-Eversourceto feed in electrical energy the Connecticut et Rhode Island

_PRESS RELEASE_

  • Nexans will provide submarine cables for the Revolution Wind wind farm. That is the second venture delivered in the USA underneath the framework settlement concluded with Ørsted-Eversource. This award follows the cable set up contract introduced in March 2022.
  • Ørsted-Eversource is the developer of the Revolution Wind wind farm which is able to produce sufficient renewable vitality to energy greater than 350,000 properties in Connecticut and Rhode Island.
  • The Work will start in 2023 and the venture needs to be totally operational in 2025.
  • The signing of this contract comes at a time when the Group has simply organized a day of important debates on the theme of sustainable growth, on the event of Local weather Week in New York. This contract illustrates its dedication to growing electrification on the service of native populations.

Paris, September 22, 2022 today techs rel=”nofollow noopener” title=””>Nexans, a worldwide group and key participant on this planet’s transition to a extra linked and sustainable vitality future, publicizes the finalization of its second contract concluded in the USA with Ørsted and Eversource for the availability of the export cable system for the wind farm Revolution Wind. Positioned greater than 24 km south of the coast of Rhode Island and 51 km east of that of Connecticut, the venture goals to attach the wind farm to the terrestrial electrical energy grid.

With a capability of 704 MW, Revolution Wind will assist each states meet their commitments to develop offshore wind to fulfill their vitality wants, powering greater than 350,000 properties. By eliminating potential future emissions, this historic venture will keep away from practically a million tonnes of carbon air pollution, the equal of taking greater than 200,000 vehicles off the street per 12 months.

Revolution Wind would be the third venture carried out from the Charleston plant in South Carolina, a continuously growing Nexans web site, confirming the Group’s main place within the American market.

The framework settlement was signed in December 2019 with the target of accelerating the vitality transition in North America by bringing Nexans’ cutting-edge submarine cable expertise to the USA.

Ragnhild Katteland, EVP Subsea and Land Techniques at Nexans, feedback: “ Our institution in the USA and the reaffirmation of our dedication to offshore wind energy on this market is on the coronary heart of our operations. Now we have made a number of investments to supply submarine transmission cables manufactured and laid in North America. The partnership with Ørsted and Eversource is step one in strengthening our provide chains with robust native companions. We’re dedicated to all the time pushing the boundaries of the potential as a result of innovation is essential to fulfill the wants of a territory as huge as the USA. True to its mission to impress the long run, Nexans is proud to take part today techs within the important work achieved in sustainable energies and to speed up its transition in the direction of carbon neutrality. »

About Nexans

For greater than a century, Nexans has performed a vital function in electrifying the planet and is dedicated to electrifying the long run. With practically 25,000 individuals in 42 international locations, the Group is main the cost in the direction of the brand new world of electrification: safer, sustainable, renewable, carbon-free and accessible to all. In 2021, Nexans generated €6.1 billion in normal gross sales. The Group is a pacesetter within the design and manufacture of cable techniques and providers by way of 4 principal areas of exercise: Constructing & Territories, Excessive Voltage & Main Tasks, Business & Options and Telecommunications & Knowledge. Nexans was the primary participant in its trade to create a Company Basis supposed to assist actions in favor of entry to vitality for underprivileged populations all through the world. The Group is dedicated to contributing to carbon neutrality by 2030.

Nexans. Electrify the long run.

Nexans is listed on the Euronext Paris market, compartment A.

For extra info, go to the web site www.nexans.com

Contact:

Communication mondiale

Agence Edelman
Delphine Bosc
Such. : +33 (0)6 27 69 14 96
nexans@edelman.com

Emmanuel Guinot
emmanuel.guinot@nexans.com

Communications United States

Christopher Minardi
Tel.: +1 929-459-4530
Christopher.minardi@nexans.com

Investor Relations

Elodie Robbe Mouillot
Tel.: +33 (0)1 78 15 03 87
elodie.robbe-mouillot@nexans.com

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