Hellenic Cables, the cables segment of Cenergy Holdings, has signed a framework agreement with National Grid, that secures its position as one of the appointed contractors eligible to participate in future HVDC cable projects across the U.K. and Europe.
A press release said that the agreement will enable it—and Jan De Nul, a global offshore installation contractor it has formed a consortium with—to participate in upcoming tenders for call-off projects for the design, manufacturing, supply, installation, testing, and commissioning of HVDC cable systems as part of National Grid’s large-scale offshore and onshore transmission infrastructure investment program. This framework agreement, which has an initial term of five years with an option for extension of up to three additional years, is a key component of National Grid’s strategy to secure long-term partnerships that support deliverability for critical projects in the U.K.
The U.K. Government’s commitment to achieving Net Zero by 2050 has placed significant emphasis on expanding the country’s electricity infrastructure to integrate renewable energy sources, such as offshore wind. National Grid’s cable framework aims to support this transition, ensuring a robust and reliable energy network. This framework will play a crucial role in enhancing grid resilience, facilitating renewable energy integration, and ensuring energy security for the future.
The consortium will participate in potential future tenders for turnkey projects. Hellenic Cables is undergoing a strategic investment program to expand production capacity and enhance technological capabilities for its plants in facilities in Corinth and Thiva.
Jan De Nul has invested in two cable-laying vessels that will make it possible for the consortium to meet the expected future needs stemming from the development of HVDC interconnector projects.
“This agreement strengthens our commitment to supporting the UK’s energy transition and offshore wind ambitions,” said Hellenic Cables General Manager Kostas Savvakis. “We are proud to be part of this critical framework, providing world-class HVDC cable solutions.”