Inauguration of Skiathos-Euboea electric interconnection

Athens, 30 August 2022

The official inauguration of Skiathos- Euboea electrical interconnection took place with great success, on Monday August 29, 2022, at the state-of-the-art Skiathos High Voltage Substation. This is another major energy project where the submarine cable was constructed and installed by Hellenic Cables, a subsidiary of Cenergy Holdings.

The electrical interconnection between Skiathos and Euboea is in full operation since July 11, already set to successfully meet Skiathos’ increased demands during the current tourist season, as well as those of all Northern Sporades Islands. It is a project of great technical complexity, which involves the design and delivery of approximately 29 km in total of 150 kV submarine cable, 150kV submarine cables, the underwater submarine cable at a depth of about 200 meters, the installation of land cables, the protection of the submarine cable on the seabed along its entire length as well as the protection of the underground cables on land, the connection of the submarine to the land cables at the mooring areas and their terminals connecting the underwater cable system to the 150 kV national Transmission System at Mandoudi in Euboea. 

At his speech, Mr. Manos Manousakis, President and CEO of IPTO, stated: “We are very pleased as our commitment to electrify the Skiathos-Euboea interconnection in summer 2022 became a reality. We achieved this demanding goal thanks to the dedication of our executives and partners and the support of the local community that “embraced” the project from day one. Today, Skiathos and Northern Sporades are energy safe and enjoy reliable and quality electricity from the mainland. IPTO continues its EUR 5 billion investment program, while completing this important milestone for the National Transmission System, thus contributing to the country’s energy upgrade heading towards 2030.”

“I would like to thank the whole team of Hellenic Cables and our partners who worked hard on this project and managed to complete it successfully. Once again we demonstrate our reliability as providers of high technology cable solutions and our ability to effectively complete demanding electrical interconnections such as Skiathos. We also thank IPTO for entrusting us a significant role in the deployment of the energy shield of Greece”, said Mr. Alexis Alexiou, CEO of Hellenic Cables and Cenergy Holdings.

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 250 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. Corinth Pipeworks is a world leader in steel pipe manufacturing for the oil and gas sector and major producer of steel hollow sections for the construction sector. Hellenic Cables is one of the largest cable producers in Europe, manufacturing power and telecom cables as well as submarine cables for the aforementioned sectors. For more information about our company, please visit our website at www.cenergyholdings.com.