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NKT awarded two high-voltage projects under existing framework agreement with TenneT

Dec 27, 2024•over 1 year ago

Contract Type

contract

Scotland

Description

NKT has been awarded two turnkey projects in Germany as part of TenneT's 2GW Program under an existing multi-year framework agreement. The projects, LanWin7 and a part of NordOstLink, will facilitate the efficient transport of wind power from the North Sea to the onshore grid, contributing to the energy transition in Europe. The combined value of the contracts is approximately EUR 1bn, covering cable design, engineering, production, and on- and offshore installation.

Company Information

Company

NKT

Location

Scotland, United Kingdom

About

NKT is a partner for two Scottish power cable projects with SSEN Transmission, providing power cable systems for high-voltage direct current transmission links from the Western Isles to the Scottish mainland, and from Spittal in Caithness to Peterhead.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.