Yahoo Finance

NKT secures contract to supply power cables for Dutch grid upgrade

Power cable manufacturer NKT has secured a significant framework agreement with Dutch distribution system operator Enexis Netbeheer to supply medium voltage (MV) power cables. The move is part of an ...
Yahoo Finance

NKT secures framework agreement and record order for five power cable projects supporting the German Energiewende

50Hertz, a German transmission system operator, has selected NKT to provide several 525 kV XLPE high-voltage direct current (HVDC) on- and offshore power cable systems for the ongoing development of ...
Business Wire

ABB to Divest Cable Business to NKT Cables

ZURICH--(BUSINESS WIRE)--NKT Cables is acquiring ABB’s global high-voltage cable system business with a total enterprise value of 836 million euros (US$934 million). High voltage cables are key ...
Mena FN

NKT Awarded Record Orders For World's First 525 Kv XLPE HVDC Submarine Cable Projects For Offshore Wind

NKT has been awarded three turnkey high-voltage power cable projects for the IJmuiden Ver and Nederwiek Offshore Wind Zones in the Netherlands. The projects have a combined order value of approx. EUR ...
Yahoo Finance

NKT will sign joint venture agreement to support construction of the first offshore cable factory in Taiwan

NKT will sign a joint venture agreement with Taiwanese cable company, Walsin Lihwa, to provide technical support for the construction of the first subsea power cable factory in Taiwan. The factory ...
Marine Link

NKT Completes Export Cable Repair at Beatrice Offshore Wind Farm

Danish power cable maker and services provider NKT has concluded a turnkey repair of one of the 220 kV high-voltage AC subsea export cables connecting the Beatrice offshore wind farm in the Scottish ...
Yahoo Finance

NKT names new market leading cable laying vessel able to run on methanol

The high-voltage power cable market has grown significantly in recent years and the outlook remains positive driven by the transition to renewable energy and electrification of societies. Transmission ...
Telecom Lead

Ericsson sells power cable business to NKT Cables for $38 million

Telecom Lead Europe: Ericsson has sold its power cable business to Danish company NKT Cables for $38 million (SEK 250 million). Ericsson has generated revenues of SEK 1.5 billion from the power cable ...
Marine Link

NKT Names New Cable-laying Vessel NKT Victoria

The new NKT cable-laying vessel was named NKT Victoria at a ceremony at the power cable plant in Karlskrona, Sweden. The act was carried out by the regional Governor of Blekinge and marks the starting ...
Mena FN

NKT Awarded High-Voltage Power Cable Project To Connect Offshore Platforms In Norway

NKT has received a turnkey cable system order for the electrification of the North of Alvheim (NOA) and Krafla offshore fields in the NOAKA area in the North Sea. The order has a value for NKT of ...
T&D

NKT Releases Digital Cable Drum Tracking Solution

NKT has introduced a digital platform namedTrackMyDrum to enable smart handling of cable drums. TrackMyDrum was developed by NKT’s digital hub, THINKT Digital, in close collaboration with German ...