Search results for: NKT Cables

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  • 4 February 2014
    Grid Connection

    NKT Cables has signed a deal to supply export cable for Gemini offshore wind farm. The production will start this month, as a result of the Preparatory Works Agreement between Typhoon Offshore B.V., offshore wind farm developer, and NKT Cables. Under the agreement, NKT Cables will produce around 200 kilometres of 220 kV high voltage […]

  • 11 April 2017
    Grid Connection, Operations & Maintenance, Technology, Vessels

    NKT Cables has taken delivery of the newbuilding cable-laying vessel which was part of the recently completed acquisition of ABB HV Cables.

  • 23 June 2020
    Business & Finance, Environment

    NKT’s cable manufacturing factories are now running on electricity from renewable energy sources, the company informed, adding that its CO2-emissions from energy consumption are now 66 per cent lower than last year. The 66 per cent reduction in CO2-emissions from energy consumption came through using green electricity in the factories, as well as for the […]

  • 5 April 2016
    Business & Finance, Grid Connection, Wind Farm Update

    NKT Cables has been awarded a contract by DONG Energy to deliver 170 kilometres of 220 kV high-voltage alternating current (AC) submarine export cable system for the 1.2GW Hornsea Project One offshore wind farm.  The wind farm will be placed 120 kilometres off the Yorkshire coast in the UK, and the cable system supplied by […]

  • 16 December 2014
    Business & Finance, Grid Connection, Wind Farm Update

    NKT Cables has been awarded the order for delivery of export cable systems to the Race Bank Offshore Wind farm by DONG Energy. The order is NKT Cables’ 11th large offshore wind farm project since 2010 where the company first started production of submarine cables. For NKT Cables, the order will have a contract value […]

  • 21 September 2016
    Business & Finance, Grid Connection, R&D, Technology, Vessels

    NKT Cables is acquiring ABB’s global high-voltage cable system business with a total enterprise value of EUR 836 million. ABB’s cable system business offers turnkey solutions including design, engineering, supply, installation, commissioning and service. It had adjusted standalone revenues of USD 524 million (EUR 470m) in 2015, employs around 900 people, and has manufacturing and R&D […]

  • 25 November 2011

    From the 29th of November to the 1st of December nkt cables will show its capabilities within the area of Intelligent Energy Transmission Solution for On and Offshore at the biggest and worldwide most important wind energy fair, the “Offshore 2011 Amsterdam” On the stand in Hall 11 nkt cables presents turnkey transmission solutions with […]

  • 18 August 2016
    Grid Connection, R&D, Technology

    nkt cables has supplied the 72 kV connector which enables transmission of power from one of the two V164 8MW prototype wind turbines from MHI Vestas Offshore Wind installed in Måde, near Esbjerg, on Denmark’s west coast. The two wind turbines, which are the largest on the market, were put into full operation in April […]

  • 15 December 2011
    Grid Connection

    nkt cables has entered a contract with E.ON Climate & Renewables Central Europe GmbH at a value of around € 20 million for the offshore wind farm Amrumbank West. For nkt cables, Amrumbank West will be another project with armoured 33 kV submarine cables. The cable will be manufactured at the production facilities in Cologne. […]

  • 23 August 2011
    Business & Finance

      nkt cables has announced half-year 2011 results . EBITDA expectations in NKT Holding for 2011 is downgraded to approx. 1.0-1.1 bnDKK from earlier approx. 1.2 bnDKK due to the fact that 2nd quarter earnings in nkt cables were not satisfactory. The adjustment primarily relates to the newly build submarine and high voltage cable factory […]

  • 1 March 2017
    Business & Finance, Grid Connection, Technology, Vessels

    ABB completed the divestment of its high-voltage cables and cable accessories businesses to NKT Cables, on Wednesday, 1 March.

  • 21 September 2016
    Business & Finance, Grid Connection, Technology

    NKT has decided to split the Holding company into two separately listed companies, with the timing of this decision being linked to NKT Cables’ acquisition of ABB’s high-voltage cables business. NKT is the active and long-term owner of three industrial businesses including Nilfisk, NKT Cables, and NKT Photonics. With the acquisition of ABB’s high voltage […]

  • 9 August 2011

    nkt cables has entered into a contract with 50Hertz Offshore GmbH at a value of around 750 mDKK (95 mEUR) for the offshore wind farm Baltic 2. For nkt cables, Baltic 2 will be another turnkey project which includes armoured high-voltage subsea cables, accessories and installation. The cables will be manufactured at the production facilities […]

  • 22 May 2014
    Business & Finance, Grid Connection, Wind Farm Update

    Following the financial close of the Gemini offshore wind project, nkt cables received a binding order worth approximately 165 mEUR for the delivery of more than 200 kilometers of 220 kV high voltage submarine cables and related accessories, all to be manufactured in Cologne, Germany. The cables are to be delivered ready for installation starting early 2015 […]

  • 5 March 2012
    Business & Finance

    NKT’s revenue increased by 1,153 mDKK to 15,604 mDKK – the highest level in the history of NKT. Nilfisk-Advance and Photonics Group realised organic growth in revenue of 8% and 16% respectively, surpassing even the 2010 growth rates,  while NKT Cables exceeded last year’s organic growth in revenue by only 1%. The operational EBITDA for […]

  • 24 June 2015

    Following DONG Energy’s final investment decision for the Race Bank offshore wind farm, NKT announced that it will now start with the production of more than 150 kilometers of 220 kV high voltage submarine export cables. The cable will be manufactured in Cologne, Germany, with the first phase ready for installation in 2016. The second and last […]

  • 26 October 2010
    R&D

    Today nkt cables opens its new cable factory “f2c” – which is an abbreviation of “flow to customer” – in Cologne. The factory has been constructed on the basis of facilitating optimal cable production. Unique and specialized technical innovations have been integrated into the factory to make the production as efficient as possible. In 2011, […]

  • 17 January 2011
    Grid Connection

    nkt cables has signed a contract with the Dutch-German transmission system operator TenneT for the manufacture and delivery of a high… (nktcables) [mappress] Source: nktcables, January 17, 2011

  • 15 November 2017
    Business & Finance, Contracts & Tenders

    The high-voltage activities acquired from ABB have driven an increase in NKT’s Q3 2017 revenue, which was at EUR 303.2 million, EUR 106.9 million more than in Q3 2016. Looking at the first nine months, NKT posted a revenue of EUR 776.5 million, compared with EUR 559.7 million reported for the same period in 2016.

  • 18 July 2011
    Grid Connection

    nkt cables has signed a contract with DONG Energy and ScottishPower Renewables (part of Iberdrola Renovables) for supply of on- and offshore high voltage cables, including delivery and installation of accessories for the West of Duddon Sands offshore wind farm. The West of Duddon Sands project will be located 14 km. southwest of the Barrow-in-Furness […]

  • 31 October 2017
    Business & Finance, Contracts & Tenders, Grid Connection

    NKT’s part of the contract for Borssele Beta, won in a consortium with VBMS, is valued at approximately EUR 90 million. As reported earlier, the contract value for VBMS is approximately EUR 70 million.

  • 15 November 2011
    Business & Finance

    NKT’s revenue development for 3rd quarter 2011 was in line with expectations. Earnings increased by 15%, positively influenced by satisfactory results for both Nilfisk-Advance and NKT Flexibles. For nkt cables, the factory in Cologne showed improved productivity but continued to impact earnings negatively. The net interest bearing debt decreased by 169 mDKK, corresponding to 5.0x […]

  • 15 October 2015
    Grid Connection, Wind Farm Update

    The replacement of two sections of the cable that connects the Anholt offshore wind farm to the grid is expected to take place between 26 October and 23 November, depending on weather conditions, Energinet.dk informed. While the work is on, the island of Anholt will be powered from the its own diesel generators. The 400MW […]

  • 30 October 2017
    Contracts & Tenders, Grid Connection

    TenneT has awarded the consortium between VBMS and NKT Cables with a contract for the installation of two 67km export cables that will connect the Borssele Beta substation, i.e. the Borssele 3 & 4 offshore wind farms, to the Dutch onshore grid.

  • 20 March 2013
    Grid Connection

     nkt cables has delivered the biggest submarine cable in the world to the Anholt offshore Wind Farm in Denmark. In June 2012, the cable-laying vessels commence work laying the array cables on the seabed between the substation and the 111 foundations. By 12 September – three weeks ahead of schedule – all cables are in […]

  • 13 April 2011

    nkt cables exhibited the HTS Triax(tm) Energy Cable product at the Hannover fair together with our Dutch partners Alliander/Liandon and… (nktcables) [mappress] Source: nktcables, April 13, 2011