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Guarantee to NKT enables green energy

NKT is a world-leading cable and cable accessories supplier and has operations in 18 countries. Efficiency and sustainability are in focus, both when it comes to manufacturing and the installation of turnkey solutions. A commitment to environmental issues permeates how new products and working methods are implemented.

Efficiency and sustainability

Facts

Type of business: Guarantee
Amount: EUR 300 million
Maturity: 5 years
Client: NKT

 

Facts

Type of business: Guarantee
Amount: EUR 300 million
Maturity: 5 years
Client: NKT

 

Shortly before the end of 2018, NKT won a contract totaling EUR 300 million. The contract is to deliver an export cable system from the German mainland to two offshore wind farms in the Baltic sea, north east of the German island Rügen, for the German transmission system operator 50Hertz.

Manufacturing of the cables will be carried out in Karlskrona, Sweden, and in Cologne, Germany, and the wind power facility is expected to be fully commissioned by 2022. SEK has issued a number of guarantees for the project, and together with NKT, SEK can contribute to the production of environmentally friendly electricity.

Would you like to know more?

Contact Peter for more information.

peter.odefalk@sek.se

08-613 85 04

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