Nexans invests $99m to boost offshore wind growth in Europe

French cabling specialist Nexans has announced plans to invest €90m ($99m) to support the growth of offshore wind in Europe. The investment will include the construction of a new, 53-meter tower for the insulation of onshore cables at Nexans’ plant in Charleroi, Belgium, and will allow for the production of 3,000 mm2 525kV HVDC onshore …

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