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Nexans secures $300M contract for Malta’s subsea cables, boosting renewable energy ties with Sicily.
Nexans, an energy transition leader, has secured a contract to supply high-voltage subsea cables for Malta’s second interconnector with Sicily.
The 225 MW project, valued at around 300 million euros, will enhance Malta’s electricity network, support renewable energy integration, and help meet climate targets.
Nexans will manufacture the cables in the U.S. and the project is co-funded by the EU.
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Nexans asegura un contrato de 300 millones de dólares para los cables submarinos de Malta, impulsando los lazos de energía renovable con Sicilia.