Nexans wins major subsea cable contract for Terna’s new HVDC power interconnection between Italy and Montenegro

Nexans, a worldwide expert in the cable industry, has been awarded one of two lots of a contract for the supply and installation of a power cable for the high-voltage direct current (HVDC) link between Italy and Montenegro. It represents a value of approximately 300 Million Euros. The public tender was called by Terna Rete Italia S.p.A, a company fully owned by Terna S.p.A, the operator of Italy’s electricity transmission system. This contract reinforces Nexans’ leading position in the global power interconnection sector and further develops its focus on high technology submarine cable solutions. Over the last twenty years, Nexans has supplied more than 3,000 km of HVDC submarine cables manufactured and installed.

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