Nexans Releases Series of Press Statements
Cable manufacturer Nexans has issued several press releases detailing various corporate activities, including financial maneuvers, technological advancements, and strategic partnerships.
Cable manufacturer Nexans has released a series of press statements highlighting diverse corporate developments. The announcements cover significant financial actions, technological innovations, and sustainability initiatives.
Among the key statements is the issuance of a €500 million bond in September 2026, aimed at supporting the company's strategic objectives and growth plans. This financial move is expected to bolster Nexans' capacity for future investments.
The company also reported on the global first demonstration of its CORECHECK technology on a 380 kV network in July 2026. This advancement underscores Nexans' role in developing cutting-edge electrical grid solutions.
In July 2026, Nexans announced a partnership with Hydro to accelerate the transition of European power grids, securing a long-term supply of low-carbon aluminum. This collaboration emphasizes the company's commitment to sustainability within the energy sector.
Further project-specific announcements include an underwater interconnection to enhance Malta's energy security in June 2026 and the RHODÉ project focusing on floating HVDC solutions in May 2026. The company also celebrated the official handover of its new cable-laying vessel, CLV Nexans Electra, in May 2026.