NKT awarded record orders for world’s first 525 kV XLPE HVDC submarine cable projects for offshore wind

Mar 3, 2023

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 2bn (approx. EUR 1.9bn in std. metal prices) making the award a new company record for NKT as the largest combination of orders ever received.