Hellenic Cables secures new offshore wind contract in the UK

Athens, July 9^th, 2020

Hellenic Cables, leading provider of submarine cable solutions, has been awarded a contract by Seaway 7, the Renewables business unit of Subsea 7, to supply 66kV inter-array cables and accessories for the Seagreen offshore wind farm.

The Seagreen offshore windfarm project is a 1,075MW project which is located 27 km off the Angus Coast in the Firth of Forth, off the coast of Scotland and will be developed and operated by Seagreen Wind Energy Limited. Once constructed, the windfarm will be the largest in Scotland and is forecasted to provide low carbon energy for around one million homes.

SSE Renewables recently announced the final investment decision (FID) for the 1,075 MW Seagreen 1 offshore wind development, alongside an agreement to sell a 51% stake in Seagreen 1 to Total SA.

Under the contract, Hellenic Cables will design, manufacture, test and supply approx. 320 km of 66 kV XLPE-insulated inter-array cables and associated accessories. The cables will be produced in Corinth, Greece, at Hellenic Cables’ vertically integrated, state-of-the-art submarine cables plant. Delivery is planned by early 2022.

Seaway 7 was awarded by Seagreen Wind Energy Limited a contract for engineering, procurement, construction and installation (EPCI) of the foundations and inter-array cables for the Seagreen 1 offshore wind farm.

Mr Alexis Alexiou, CEO of Hellenic Cables commented: “We are proud to support Seaway 7 in a project that will provide low carbon energy for around 1 million homes and enable the clean energy transition in the UK.”

Seaway 7, the Renewables business unit of Subsea 7, is a highly capable and experienced partner for the delivery of offshore wind farm projects as well as provider of specialist heavy lifting and cable installation services.

Subsea 7 is a global leader in the delivery of offshore projects and services for the evolving energy industry, creating sustainable value by being the industry’s partner and employer of choice in delivering the efficient offshore solutions the world needs. For further information visit www.subsea7.com.

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 SA, 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. Hellenic Cables recently implemented a EUR 180 million-investment plan for the production of high and extra high-voltage submarine cables at Corinth plant. Looking ahead, additional investments in technology and innovative cable solutions are decided, as a way of contributing to the creation of a sustainable future for its stakeholders. Hellenic Cables represents the cable production segment of Cenergy Holdings SA. For further information, please visit Hellenic Cables website at www.hellenic-cables.com.