Core Viewpoint - NKT has been awarded a significant contract by Energinet to deliver a high-voltage direct current (HVDC) power cable system for the offshore interconnector linking Bornholm Energy Island to Zealand, marking a crucial advancement in Denmark's and Europe's energy infrastructure [1][2][3]. Company Summary - NKT will provide a 525 kV HVDC power cable system valued at approximately EUR 650 million, which includes the design, manufacturing, and installation of a 200 km offshore route and a 16.8 km onshore route [2][7]. - The project is part of a long-term collaboration with Energinet, aimed at enhancing energy security and renewable energy exchange between Denmark and Germany [3]. - The production of the power cables will take place at NKT's factory in Karlskrona, which operates on renewable electricity, thereby reducing the carbon footprint associated with transportation [4]. Industry Summary - Bornholm Energy Island is designed to receive up to 3.8 GW of offshore wind power, which will be transmitted to Germany and Denmark through two HVDC offshore interconnector systems [3]. - The project is expected to be commissioned in 2032, contributing to the sustainable energy infrastructure needed in Europe [7]. - NKT's new cable-laying vessel, NKT Eleonora, currently under construction, will facilitate the offshore installation and is expected to be one of the most advanced and fuel-efficient vessels in the industry upon its operational launch in 2027 [4].