Hellenic Cables, the cable segment of Cenergy Holdings, in joint venture with Asso.subsea Limited has been selected by TERNA ENERGY S.A, following an international tender, for the design, manufacturing, supply and installation of the 150 kV submarine cable system which will connect the under-construction 330 MW Kafireas II Wind Farm to Greece’s mainland grid.
Kafireas II Wind Farm, located in the southern-most part of Evia island, will be connected to the national Power Transmission System at IPTO’s 150 kV Lavrion substation. The Interconnection Cable System includes approximately 70 km of 150 kV three-core composite submarine cables as well as 11 km of 150 kV single-core underground onshore cables, along with all accessories, joints, terminations and fittings, necessary for the completion of the system.
Production of the cables will start soon and the implementation of the project, including the installation and protection of the submarine cable is expected to be completed by June 2022.
The offshore cable will be manufactured at Hellenic Cables’ state-of-the-art submarine cable production facility in Corinth, Greece, while onshore cables will be manufactured at the Company’s Thiva, Greece plant. Both facilities boast highly skilled and experienced personnel, world-class manufacturing capabilities and strict adherence to best working practices.
The Independent Power Transmission Operator announces the participation of the European Investment Bank (EIB) in the financing of Crete-Attica interconnection, a project with a total budget of EUR1 billion (USD1.197 billion), being implemented by IPTO’s fully owned subsidiary “Ariadne Interconnection”.
Read moreThe Government of Greece has received nine bids for the sale of about 65% stake in the dominant gas supplier DEPA Commercial owned by the Hellenic Republic Asset Development Fund (HRADF) and Hellenic Petroleum.
Read moreHellenic Petroleum Renewable Energy Sources S.A. (ELPE Renewables), the subsidiary of Hellenic Petroleum Group announced the acquisition of a 204 MWp solar photovoltaic park at the final permitting stage, in the area of Kozani, N. Greece, from German renewable energy developer and contractor JUWI.
Read moreThe Trans Adriatic Pipeline (TAP) successfully completed financial close in December 2018, securing EUR3.9 billion (US$4.44 billion) - the largest project finance agreed for a European infrastructure project in 2018.
Read moreTotal Eren has announced the successful refinancing of EUR200 million (US$226.0 million) of existing debt on part of its solar and wind asset portfolio located in Greece. The assets concerned represent a total capacity of 162 MW.
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