Danish power cables supplier NKT A/S (CPH:NKT) on Thursday announced the launch of a rights issue targeting up to DKK 2.74 billion (USD 393m/EUR 368m) in gross proceeds that will support the capacity expansion plans <a href="https://renewablesnow.com/news/nkt-plans-eur-1bn-investment-in-high-voltage-cable-production-823943/" target="_blank">it unveiled just recently</a>.