Press releases 2015
On December 14th 2015, Nexans signed a € 600 million Revolving Credit Facility with 11 of its core banks for a period of five years, thereby extending the tenor of the Group’s access to liquidity until 2020.
EnergoBit S.A.’s 30MW Babadag III Wind Farm in Romania will transmit energy to the grid using 140km of Nexans’ high temperature conductor cables and accessories.
Paris, November 3, 2015 - Nexans announces that the investigation by the United States Department of Justice Antitrust Division into the submarine and underground power cable industry, previously disclosed by Nexans, has been closed without prosecution or sanction against any Nexans group company.
Norwegian Escape, a luxury cruise liner built by Meyer Werft in Germany, has just been launched with 2,400 km of Nexans’ power, instrumentation and control cables.
Nexans announced today that it has reached a definitive agreement to sell its Argentinean operations and expects to close this transaction by the end of November 2015, subject to customary closing conditions.
Today, Nexans announced its sales for the third quarter of 2015.
Nexans unveils new certified iGigaswitch Series allowing streamlined communications between electrical devices
Nexans has released the world’s first KEMA IEC 61850 certified iGigaswitch Series, compatible across similarly certified components from any manufacturer allowing for smarter and faster interchangeability.
Nexans has been awarded the contract to deliver 48km of static umbilicals to BP, and partner DEA, for the West Nile Delta Taurus Libra project in Egypt.
Nigeria and Cameroon are to receive a boost to Internet connectivity after Nexans delivered Repeatered Optical Cables for the Nigeria-Cameroon Submarine Cable System (NCSCSC) in a contract with turnkey contractor, Huawei Marine Networks Co.Ltd.
Nexans subsea cables will deliver power for the new offshore super complex serving Abu Dhabi’s Nasr oil field
The new super complex at the heart of the future development of the Nasr oil field, offshore from Abu Dhabi in the UAE, will be powered by Nexans’ subsea cables.
Paris, July 29, 2015 – The Nexans Board of Directors meeting chaired by Frédéric Vincent on July 28, 2015 approved the Group's condensed consolidated financial statements for the first half of 2015.
The Anthem of the Seas, a luxury cruise liners built at the Meyer Werft shipyard in Germany, set sail with Nexans cables on board.
Two new cable systems will reinforce the electricity grid in central Eastern Norway
Contract is valued at around Euros 50 million and will cover the design, manufacture and installation of XLPE cables
NSN Link will interconnect Nordic and British energy markets with the world’s longest subsea power link incorporating Nexans’ HVDC cable technology
Power interconnection beneath the North Sea will enable Norway and UK to share up to 1400 MW of green energy from 2021 onwards.
Statnett SF and National Grid has awarded Nexans a contract valued at around Euros 340 million to deliver the subsea cable on the Norwegian side.
Nexans will manufacture and supply XLPE submarine and underground cables to connect Danish substations
New Nexans facility in Charleston, South Carolina, USA will manufacture Extra High Voltage (EHV) cable to enable Ontario Power Authority (OPA) to develop its Feed-In Tariff (FIT) Program for renewable energy sources
Decision not to issue a bond due to the volatility and the pricing conditions prevailing in the market5/29/15
Considering the volatility and the pricing conditions prevailing in the market, Nexans has today decided not to proceed with a debt capital markets transaction at this point.
Not for distribution directly or indirectly in the United States, Canada, Australia or Japan / Bond issue project5/26/15
Nexans has today launched the process of roadshow meetings with fixed income investors and, subject to market conditions, a bond issue may follow.
Nexans has delivered one umbilical to the Snøhvit field in Norway as part of a €45 million contract with Statoil
Paris, May 5, 2015 – Nexans Mixed Shareholders’, held on May 5, 2015 approved all the twenty-nine resolutions proposed to the shareholders by the Board of Directors.
Nexans is at OTC 2015 to launch its next generation SUTA-FLEX Subsea Umbilical Termination Assembly.
Today, Nexans announced first-quarter 2015 sales of 1,601 million euros at current metal prices (versus 1,560 million euros in the first three months of 2014). At constant metal prices, first quarter sales came in at 1,172 million euros, representing year-on-year organic growth of 1.8%.
Temporary site cables are custom-made, quick-connectable cables for temporary use in the high-voltage network, for example, during repair work on overhead lines or in transformer stations when converting networks.
The Statoil operated Gullfaks gas field in the Norwegian Sea will rely on Nexans’ innovative power umbilicals combining power, fiber-optic and hydraulic lines in a single cross section.
The 2014 Registration document has been filed with the AMF on March 27, 2015 - The Mixed Shareholders’ Meeting will be held on Tuesday May 5, 2015.
Nexans’ customers will now get access to up to date regulatory information on Substances of Very High Concern (SVHC) through a new online tool: Nexans Tracker.
Paris, February 13, 2015 – Today, Nexans published its financial statements for the year ended December 31, 2014, as approved on February 12, 2015 by the Board of Directors under the Chairmanship of Frédéric Vincent.
The Norwegian and German power grids will be able to share green energy directly for the first time thanks to Nexans submarine HVDC (high voltage direct current) cables to be installed as part of the NordLink project.
Denmark’s Kriegers Flak offshore windfarm is to be securely connected to the national grid with Nexans’ 400 kV aluminium XLPE cables.
Statoil’s Visund oil and gas field is to benefit from standardised fast-track umbilicals developed by Nexans.
Recognition of an impairment of € 197 million (with no cash impact)