Nexans Signs Empire Wind Contract to Bring Renewable Energy to New York
October 06 2022 - 02:30AM
Business Wire
- Nexans receives final order from Equinor/bp joint venture for
U.S offshore wind export cables turnkey contract for Empire Wind
1.
- The project is part of the larger Empire Wind offshore wind
farm that will generate enough renewable energy to energize over
one million homes in New York State. Over 500,000 of those homes
will be powered by the cables from this contract for Empire Wind
1.
- Equinor and bp’s Empire Wind 1 project is a significant
achievement that anticipates the State's growing need for energy
and contributes to its carbon reduction roadmap.
- The cables will be manufactured at Nexans’ facilities in
Charleston, South Carolina, and Halden, Norway and will also be
installed by Nexans.
Nexans, a global organization and key driver for the world’s
transition to a more connected and sustainable future, today
announced the execution of a significant contract for phase one of
the Empire Wind Project being developed by a 50-50 partnership
between Equinor and bp. This signature follows the Preferred
Supplier Agreement signed in March 2021 which prompted several
months of collaborative work to negotiate a turnkey contract,
covering the design and manufacturing, as well as the laying and
protection of export cables for the project.
The Empire Wind lease area for the first phase of the overall
2.1 gigawatt project is located about 20 miles (33km) south of Long
Island and east of the Rockaways. Nexans will install the export
cables over 93 miles (150km) from the offshore substation for
Empire Wind 1 to landfall at South Brooklyn Marine Terminal.
The Empire Wind 1 project, when completed, will deliver
electricity to over 500,000 homes of the eventual over 1 million
homes that will be powered by the entire Empire Wind project.
Christopher Guerin, CEO of Nexans, said: “New York is one of the
most aggressive states in the U.S. in terms of committing itself to
create a fully carbon-free statewide economy, and offshore wind
energy will likely be the main source of electricity for the state
by 2035. Signing the contract for Empire Wind 1 further establishes
Nexans as a major player in renewable energy in the United States,
and will alleviate added pressures on the state’s electrical grids.
We look forward to continuing our relationships with Equinor and bp
as we work together to electrify the future.”
About NEXANS
For more than a century, Nexans has played a crucial role in
electrifying the planet and is committed to electrifying the
future. With 25,000 staff in 42 countries, the Group is driving the
change towards the new world of electrification — a safer, more
sustainable, renewable, carbon-free world, accessible to all. In
2021, Nexans generated €6.1 billion in standard sales. The Group is
a leader in the design and manufacturing of cable systems and
services in five main areas of activity: Energy Production &
Transmission, Distribution, Uses, Industry & Solutions and
Telecom & Data. Nexans was the first player in its industry to
create a Corporate Foundation to support actions that promote
access to energy for disadvantaged populations worldwide. The Group
is committed to helping achieve carbon neutrality by 2030.
Nexans. Electrify the future.
Nexans is listed on the Euronext Paris stock market, compartment
A.
For more information, visit www.nexans.com
For more information about Empire Wind, visit
www.empirewind.com
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version on businesswire.com: https://www.businesswire.com/news/home/20221005005754/en/
Communications Emmanuel Guinot
emmanuel.guinot@nexans.com Christopher Minardi Tel.: +1
929-459-4530 christopher.minardi@nexans.com Investor
Relations Elodie Robbe-Mouillot Tel.: +33 (0)1 78 15 03
87 elodie.robbe-mouillot@nexans.com
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