RTE Contracts With Five Suppliers For Underground Power Cables Supplies Until 2028
Nov 5 (Reuters) -Nexans SA NEXS.PA:
RTE HAS CONTRACTED WITH FIVE SUPPLIERS – PRYSMIAN, NEXANS, NKT-SOLIDAL AND HELLENIC CABLES - TO SECURE UNDERGROUND POWER CABLES SUPPLIES FOR ITS PROJECTS UNTIL 2028
CONTRACT WORTH A TOTAL OF ALMOST ONE BILLION EUROS
CONTRACTS ALSO COVER CABLE INSTALLATION AND ASSEMBLY SERVICES (FOR AROUND 300 MILLION EUROS)
ONE THIRD OF THE CABLES WILL BE PRODUCED IN FRANCE, AT BOTH THE PRYSMIAN PLANTS IN GRON (YONNE) AND MONTEREAU-FAULT-YONNE (SEINE-ET-MARNE) AND THE NEXANS PLANT IN BOURG-EN-BRESSE
RTE IS RESERVING ALMOST ALL OF THE FRENCH PRODUCTION CAPACITY STILL AVAILABLE UNTIL 2028, FOR THE PRODUCTION OF MORE THAN 1,700 KM OF CABLES
Source text: tinyurl.com/yur2krj3
Further company coverage: NEXS.PA
(Gdansk Newsroom)
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