Hellenic Cables secures a cable supply contract with Seaway7

Athens, 26 October 2023

Hellenic Cables, the cables segment of Cenergy Holdings, is pleased to announce that it has signed a contract with Seaway7 for the East Anglia THREE offshore windfarm which is being developed by ScottishPower Renewables. This collaboration underscores Hellenic Cables’ commitment to delivering high-quality cable solutions for renewable energy projects and reaffirms its position as a key player in the industry.

East Anglia THREE offshore windfarm is located approximately 69km NE off the Suffolk coast and will have installed power capacity of 1400MW, producing enough green electricity to power the equivalent of more than 1 million homes. Once operational in 2026, it will be the second largest offshore windfarm in the world.

Under the contract, Hellenic Cables will be responsible for the engineering, manufacturing, testing and supply of approximately 275 km of 66kV three-core Inter Array submarine cables and the supply of the associated accessories. Production will get underway in 2024.

The production of the submarine cables will take place at Hellenic Cables’ vertically integrated state-of-the-art manufacturing facility in Corinth, Greece, where a skilled team of experts will utilize cutting-edge technology and adhere to the highest industry standards to deliver top-quality products.

Mr. Norris, Project Director for Seaway7 said, “We are pleased to have awarded the contract to Hellenic cables for the East Anglia THREE project. We look forward to working with them once again, building on our long-established relationship, following the success of our most recent collaboration on another large offshore windfarm within the United Kingdom”.

Mr. Konstantinos Savvakis, GM at Hellenic Cables, commented: “We are excited to have been awarded the cable supply contract from Seaway7 for the East Anglia THREE project and support the expansion of renewable energy in the United Kingdom. Hellenic Cables is committed to providing reliable and sustainable cable solutions that transmit clean energy and we are proud to be part of this important project.”

Hellenic Cables is one of the largest cable producers in Europe, manufacturing power and telecom cables as well as submarine cables for various industries, including offshore wind and utilities, as well as undertaking turnkey power transmission and distribution projects. Through its fully owned subsidiary Fulgor, Hellenic Cables operates its submarine cables plant in Corinth, Greece, where the production and testing of some of the longest submarine cable lengths without factory joints on a worldwide basis is empowered by the Company’s state-of-the-art facilities and equipment. Since 2012, Hellenic Cables has implemented a EUR 350 million-investment plan for the production of high and extra high-voltage submarine cables at Corinth plant. Hellenic Cables represents the cable production segment of Cenergy Holdings SA. For further information, please visit Hellenic Cables website at www.hellenic-cables.com.

Cenergy Holdings is a Belgian holding company listed on both Euronext Brussels and Athens Stock Exchange, investing in leading industrial companies, focusing on the growing global demand of energy transfer, renewables and data transmission. The Cenergy Holdings portfolio consists of Corinth Pipeworks and Hellenic Cables, companies positioned at the forefront of their respective high growth sectors. Hellenic Cables is one of the largest cable producers in Europe, manufacturing power and telecom cables as well as submarine cables. Corinth Pipeworks is a world leader in steel pipe manufacturing for the energy sector and major producer of steel hollow sections for the construction sector. For more information, please visit our website at www.cenergyholdings.com.