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Nexans — Regulatory Filings 2021
Sep 10, 2021
1549_iss_2021-09-10_76f17622-7efc-4f67-93b7-b560d14cd89e.pdf
Regulatory Filings
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Nexans continues to electrify the future with plans to supply major UK offshore wind farm with critical export cable infrastructure
_PRESS RELEASE_
- Major offshore windfarm developer in exclusive negotiations with Nexans for full turnkey onshore and offshore cable.
- Nexans continuing to support the UK's net zero ambitions.
Paris, September 10, 2021 – Nexans can confirm it has entered into exclusive negotiations with a leading developer to supply and install onshore and offshore export cables for a significant offshore windfarm in the UK. The multi-million-pound deal will allow the efficient transfer of energy from the windfarm to the grid when the project comes online in the mid-2020s.
The deal further confirms Nexans leadership in the critical offshore windfarm sector and its core role in driving the energy transition through the next decade and beyond. The UK government has committed to achieving net zero carbon emissions by 2050 and large-scale offshore wind is viewed as critical to achieving this ambition.
Nexans will provide further details on this transaction upon completion.
About Nexans
For over a century, Nexans has played a crucial role in the electrification of the planet and is committed to electrify the future. With around 25,000 people in 38 countries, the Group is leading the charge to the new world of electrification: safe, sustainable, renewable, decarbonized and accessible to everyone. In 2020, Nexans generated 5.7 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: Building & Territories, High Voltage & Projects, Industry & Solutions and Telecom & Data. Nexans is the first company of its industry to create a Foundation supporting sustainable initiatives bringing access to energy to disadvantaged communities worldwide. The Group pledge to contribute to carbon neutrality by 2030.
Nexans. Electrify the future.
Nexans is listed on Euronext Paris, compartment A. For more information, please visit www.nexans.com
Contacts:
Communication
Investor relations
Catherine Garipoglu Tel.: +33 (0)1 78 15 04 78 [email protected]
Minaa El Baz Tel.: +33 (0)1 78 15 04 65 minaa.el\[email protected]
Aurélia Baudey-Vignaud Tel.: +33 (0)1 78 15 03 94 [email protected]
Elodie Robbe-Mouillot Tel.: +33 (0)1 78 15 03 87 [email protected]