Core Insights - Nexans has signed a €600 million framework agreement with Enedis for the supply of medium-voltage cables to modernize and expand the network in France [2][3] - The contract spans seven years (2026-2032) with deliveries starting in Q1 2026, featuring an average annual volume that is double that of the previous contract [3][4] - The proposal from Nexans was distinguished by its economic competitiveness, security of supply, and CSR performance, aligning with Enedis' priorities [4][10] Contract Details - The contract includes all HTA cables for the 20 kV underground network, focusing on increased production of 400 mm² sections and reinforced direct burial cables [5][6] - Major industrial investments of €15 million have been made at the Bourg-en-Bresse site to enhance production capabilities for larger aluminum cross-sections and sheath thicknesses [6] Environmental Commitment - Nexans emphasizes low greenhouse gas emissions of its cables and is enhancing its circularity approach by integrating recycled materials [7][8] - The company aims to incorporate 10% recycled content in its low-voltage aluminum cables produced in France by 2025, reflecting its commitment to sustainability [8] Partnership and Future Outlook - This contract continues a long-standing partnership with Enedis, following a previous major contract for low-voltage underground cables signed in October 2024 [9] - The Managing Director of PWR Grid Central Europe at Nexans highlighted the importance of this contract for the electrification of uses in France and the company's ability to meet economic and environmental requirements [11]
Nexans wins a strategic seven-year contract with Enedis to support the modernization and expansion of the medium-voltage network in France
Globenewswire·2026-02-04 07:30