The interconnector between Denmark and the UK is now one step closer to realization. Tuesday around noon, the two countries' transmission system operators, Energinet and National Grid, announced conditional contracts worth around EUR 1.1 billion for the 768 kilometer interconnector that will transmit 1,400 MW across the North Sea. Beyond Siemens, which will supply transformer substations, the contracts go to cable manufacturers NKT and Prysmian.
Energinet expects the paperwork to be signed during August.
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