Brief: NKT Secures Record Energiewende Cable Deal in Germany

NKT A/S

29/09/2023 10:12

Sept 29 (Reuters) - Nkt A/S  NKT.CO :
    * NKT SECURES FRAMEWORK AGREEMENT AND RECORD ORDER FOR FIVE
POWER
CABLE PROJECTS SUPPORTING THE GERMAN ENERGIEWENDE
    * WITH A COMBINED VALUE OF APPROX. EUR 3.5BN, ORDER IS A NEW
COMPANY RECORD FOR NKT
    * ORDER DOES NOT CHANGE 2023 FINANCIAL OUTLOOK FOR NKT
    * FIVE PROJECTS ARE EXPECTED TO BE COMMISSIONED FROM 2029 TO
2035
    * AWARD IS A MULTI-YEAR FRAMEWORK AGREEMENT WITH FIRM
CONTRACTS
FOR FIVE SPECIFIC TURNKEY PROJECTS ENABLING GERMAN TRANSITION TO
RENEWABLE ENERGY

Source text for Eikon:  ID:nGNE6kDXNL 
Further company coverage:  NKT.CO 

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