on NEXANS (EPA:NEX)
Nexans strengthens the energy interconnection between Malta and Sicily
Nexans has been awarded a major contract to supply high-voltage submarine cables, facilitating the second Malta-Sicily interconnection. These cables, manufactured in Charleston, USA, aim to improve the stability of Malta's electricity grid and support Malta's 2030 energy strategy.
With a capacity of 225 MW operating at 220 kV, the interconnector will link Maghtab to Ragusa. Installed alongside an existing interconnector since 2015, this project aims to secure supply, integrate more renewable sources, and support Malta's climate objectives.
This contract consolidates Nexans' position as a key partner in critical energy infrastructure, thus contributing to Malta's energy independence and economic development.
R. E.
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