Company Announcement
Announcement No. 14
NKT is preferred turnkey supplier for the Champlain Hudson Power Express project in the
NKT has entered an exclusive Preferred Supplier Agreement (PSA) for delivery of the power cable system to the prospective high-voltage DC Champlain Hudson Power Express transmission line in the US. The project is being developed by
Earlier this year, Hydro-
The potential project is currently expected to have a value of approx.
NKT President and CEO
- I am very proud that NKT is going to be a key contributor and partner to the US in its transformation towards renewable energy sources. The country is a major player in addressing the consequences of climate change. Together with TDI we have worked many years on the Champlain Hudson Power Express project and based on close collaboration we are now in a good position to realize it. Furthermore, I am very pleased that we now expand our market presence which is fundamental for our growth ambitions.
The Champlain Hudson Power Express will facilitate transmission of sustainable hydropower from
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Attachment
- NKT_is_preferred_turnkey_supplier_for_the_Champlain_Hudson_Power_Express
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