Nexans signs US offshore wind framework deal with Ørsted, Eversource

Nexans new range of cable and power accessories for offshore wind farms, June 30, 2016. All rights reserved.

December 3 (Renewables Now) - French cables manufacturer Nexans SA (EPA:NEX) has signed a framework agreement with Denmark’s Ørsted A/S (CPH:ORSTED) and New England utility Eversource Energy (NYSE:ES) to take part in the offshore wind farm development in North America until 2027.

The deal will bring Nexans the opportunity to supply up to 1,000 kilometres of subsea high-voltage export cables for Ørsted’s offshore wind project in the US, the French company said Tuesday.

Nexans expects to make the first delivery by 2022.

The French company said it is investing in its first manufacturing facility in the US to be able to make subsea high-voltage cables locally. It is also building a new cable-laying vessel, Nexans Aurora, with a 10,000-tonne capacity to handle the expected workload.

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Sladjana has significant experience as a Spain-focused business news reporter and is now diving deeper into the global renewable energy industry. She is the person to seek if you need information about Latin American renewables and the Spanish market.

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