Nkt Cables Gets EUR 165 Mln Order for Gemini Project

Business & Finance

Following the financial close of the Gemini offshore wind project, nkt cables received a binding order worth approximately 165 mEUR for the delivery of more than 200 kilometers of 220 kV high voltage submarine cables and related accessories, all to be manufactured in Cologne, Germany.

Nkt Cables Gets EUR 165 Mln Order for Gemini Project

The cables are to be delivered ready for installation starting early 2015 to the EPC contractor for the Gemini project, Van Oord. 

Additionally, nkt cables received the order for supply of the land cable portion of this project, consisting of 5 km of 380 kV cables and around 30 km of 220 kV, to complete the windfarms’ connection to the Dutch onshore high voltage grid. Project Gemini consists of the Buitengaats and ZeeEnergie wind farms to be situated in the Dutch zone of the North Sea, 55 kilometers north-east of the island of Schiermonnikoog, and will have a capacity of 600 MW. With 150 turbines, the wind farms will produce electricity for more than 1.5 million inhabitants. 

Gemini represents nkt cables’ 10th offshore wind farm project since 2010 when the submarine cable factory in Cologne first started the production of submarine cables. 

Press Release, May 22, 2014; Image: nkt