NKT will be finalizing the power cable contract for the Baltic Power Offshore Wind Park project. The project is expected to have a capacity of up to 1.2 GW, and the order value is over EUR 120 million comprising the design and production of approximately 130 km of 230 kV high-voltage power cables.
Jun 6, 2023
NKT is set to sign the order for a 230 kV AC high-voltage export power cable system for the Polish project Baltic Power Offshore Wind Park with a capacity of up to 1.2 GW, finalizing the power cable contract for the first major offshore wind farm in Poland. NKT is finalizing the contract for offshore export power cables for the first major offshore wind farms in Poland awarded by Baltic Power Sp. z.o.o.
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For NKT, the order is expected to have a value of more than EUR 120 million and will comprise the design and production of approximately 130 km of 230 kV high-voltage power cables for the Baltic Power Offshore Wind Park. The export power cables will be produced at the NKT factory in Cologne, with expected commissioning of the full project in 2026. The order is subject to formal contract signature expected at the end of June 2023 and a subsequent final notice to proceed.