Nexans addresses media reports on Great Sea Interconnector project
Nexans has issued a statement regarding the Great Sea Interconnector project, refuting media claims and confirming continued work according to contract.
Cable manufacturer Nexans has issued a statement concerning the Great Sea Interconnector project, responding to recent media reports. The company clarified that the reported claims do not reflect the project's actual status or the ongoing customer relations.
Nexans confirmed that it has received substantial payments since the project's commencement, which have enabled the continued manufacturing of the Great Sea Interconnector cable. The company stated its intention to continue executing its contractual obligations for the project and to receive corresponding payments as per the contract and recent discussions with the customer.
The company reaffirmed its commitment to the successful completion of this strategic infrastructure project, deemed essential for regional energy security and the integration of sustainable energy sources. Nexans has previously undertaken various significant international energy infrastructure projects.
Nexans operates as a global specialist in energy transmission and data cable solutions. Its services cater to the energy, telecommunications, construction, industrial, and consumer markets. The company's engagement in international energy projects plays a crucial role in the development of global energy infrastructure.