NKT wins contract for Dogger Bank Creyke Beck offshore wind farms in UK

NKT has entered a Preferred Supplier Agreement (PSA) as the main contractor for the delivery and installation of high-voltage DC on- and offshore export cable systems to the prospective Dogger Bank offshore Wind Farms Creyke Beck A/B. The project is being developed as a joint venture by Equinor (50%) and SSE (50%).

Dogger Bank Wind Farms Creyke Beck A/B was notified that it was successful in the UK allocation of Contracts for Difference (CfD), which is a key step towards a final order. Such confirmed order is now conditional upon final contract negotiations and that the project owners provide NKT a notice to proceed. Furthermore, NKT notices that the outcome of the judicial review, which has been lodged against the CfD auction process, is currently unknown.

The NKT order for Dogger Bank Wind Farms Creyke Beck A/B will comprise the manufacture of approximately 4x175 km of 320 kV DC offshore export power cables and approximately 4x32 km of 320 kV DC onshore export power cables as well as installation by the cable-laying vessel NKT Victoria.

The final order will have an estimated contract value of approximately EUR360 million (US$396 million) in market prices. The power cables will be manufactured in Karlskrona, Sweden, with expected production-start in 2020, and installation expected to commence from end-2021.