NKT Firms Up Dogger Bank Cables Order
NKT has entered a preferred supplier agreement as main contractor for delivery and installation of high-voltage DC onshore and offshore export cable systems to the Dogger Bank wind farms Creyke Beck A and B site.
The contract with project owners Equinor and SSE Renewables is the largest XLPE power cables order ever for the company.
As previously announced, the order represents a contract value of approx. €360 million in market prices, equivalent to approximately €300 million in standard metal prices.
The cable systems comprise the manufacture of approx. 4×175 kilometers of 320 kV DC offshore export power cables and approximately 4×32 kilometers of 320 kV DC onshore export power cables as well as installation by the cable-laying vessel NKT Victoria.
NKT said it expects production-start of the power cables in 2020.