LS Cable & System signs contracts for 532 MW offshore wind farm in South Korea

LS Cable & System and its subsidiary LS Marine Solution have won a contract for the supply and installation of cables for the 532 MW Anma offshore wind project in South Korea.

As disclosed in regulatory filings on July 7, LS Cable & System was awarded a contract worth approximately ₩177 billion (around €110 million), while LS Marine Solution secured a separate deal valued at around ₩94 billion (about €95 million).

LS Marine Solution will be responsible for laying the submarine cables that will connect the offshore wind farm to the mainland.

In 2023, the two companies were selected as the preferred bidders for the supply and installation of cables for the Anma offshore wind project.

Anma Offshore Wind is a 532 MW offshore wind farm located approximately 40 kilometers west of the South Korean peninsula’s southwestern coastline. The project site is positioned next to Anma Island in Yeonggwang Municipality, South Jeolla Province.

HBA Future Energy will build the offshore substation under an agreement signed with the developer in October 2023.

The Anma offshore wind farm was among five developments awarded a share of nearly 1.9 GW in offshore wind capacity by the South Korean government at the end of 2024.

According to the project’s website, construction is expected to begin in 2025, while completion is planned for the first quarter of 2029.

𝐃𝐨 𝐲𝐨𝐮 𝐰𝐚𝐧𝐭 𝐭𝐨 𝐠𝐫𝐚𝐛 𝐭𝐡𝐞 𝐚𝐭𝐭𝐞𝐧𝐭𝐢𝐨𝐧 𝐨𝐟 𝐲𝐨𝐮𝐫 𝐭𝐚𝐫𝐠𝐞𝐭 𝐚𝐮𝐝𝐢𝐞𝐧𝐜𝐞 𝐢𝐧 𝐨𝐧𝐞 𝐦𝐨𝐯𝐞?

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