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Nexans secures major framework agreement with RTE to supply high-voltage cables for offshore wind farms in France
Mar 25, 2025•about 1 year ago
Contract Type
agreement
Description
Nexans has secured a major framework agreement with RTE to supply 450 km of high-voltage direct current (HVDC) subsea cables and 280 km of high-voltage direct current (HVDC) onshore cables for three offshore wind farms in France. The agreement, valued at over €1 billion, aligns with France’s offshore wind targets and reinforces Nexans' position in Europe's energy transition efforts.
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Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months