Prysmian Group wins contract for Alaskan submarine fiber optic cable link project
5/4/2022 – Prysmian Group wins contract for Alaskan submarine fiber optic cable link project The Prysmian Group reports that it has been awarded a contract from Alaska Power & Telephone Company (AP&T) to supply, install and test two submarine fiber optic cable links in southeast Alaska. A press release said that the SEALink project, valued […]
2 companies plan to develop a submarine cable manufacturing plant in New Jersey
5/4/2022 – Rise Light & Power (Rise) and Delaware River Partners LLC (DRP) announced that they plan to work together to develop a submarine cable manufacturing facility in New Jersey “to attract an offshore cable manufacturer that would ultimately construct and operate the facility.” A press release said that as part of its Outerbridge Renewable […]
Orient Cable wins contract for Hollandse Kust West Beta wind farm project
5/4/2022 – Orient Cable has been awarded the Hollandse Kust West Beta export cable contract by TenneT, in consortium with Boskalis. A press release said that the contract calls for the supply and installation of two 65-km-long export cables that will connect the planned Hollandse Kust West Beta 700 MW offshore wind farm to TenneT’s […]
NKT completes repair of a disabled power grid interconnector for Sweden to Denmark
5/4/2022 – NKT has finalized the repair of the 285 kV HVDC power cable system Kontiskan 2 that connects the power grids of Sweden and Denmark. A press release said that NKT was awarded the repair contract after the Kontiskan 2 interconnector—operated by Svenska Kraftnät and Energinet—suffered a fault due to external impact at the […]
Liberty Steel owner gets funding needed for steel business restructuring plans
5/4/2022 – U.K. metals tycoon Sanjeev Gupta has secured $125 million in new financing for Liberty Steel, a manufacturer of steel wire rod in the U.S. In an article in The Wall Street Journal, Liberty Steel USA reported that it has been given funding from Eclipse Business Capital, a U.S. lender. It replaces an existing […]