NKT preferred supplier for framework agreement and two projects in Scotland

SSEN Transmission is the grid owner in the north of Scotland and the project is for DC cable systems for the Western Isles and Spittal-Peterhead offshore transmission links.
The parties continue ongoing negotiations with the aim of concluding a capacity reservation agreement. | Photo: Nkt
The parties continue ongoing negotiations with the aim of concluding a capacity reservation agreement. | Photo: Nkt
by MARKETWIRE

Scottish SSEN Transmission has chosen NKT as preferred supplier of cable systems for two high-voltage DC transmission lines and intends to sign a framework agreement for future projects.

The Danish cable manufacturer announced this in a stock exchange release on Friday morning.

SSEN Transmission is the grid owner in the north of Scotland and the project involves DC cable systems for the Western Isles and Spittal-Peterhead offshore transmission links.

”The parties are now proceeding with the negotiations with the intention to enter into a capacity reservation agreement providing NKT the securities needed to reserve capacity for the two named projects. Subsequently, contracts for the two projects are expected to be awarded as well as an intended framework agreement for future projects,” NKT states.

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