29df8f89-c0d9-48e7-a437-83fc36f6219a.pdf



Press release


Statoil chooses Nexans to supply cables for the world's first floating wind farm


Paris, February 3, 2016- Statoil has awarded Nexans the contract to supply static and dynamic cabling and associated accessories for the world's first floating wind farm, following a successful demofacilitated by Nexans' cables which has been in operation since 2009. Following the initial Norway demo, Statoil has awarded Nexans a new contract worth approximately 10.2 million Euro to service the Hywind Scotland Pilot Park wind farm. Nexans will deliver cables to the site, located 30km off the coast of Aberdeenshire.


The offshore cable systems will be tested, sealed off, prepared for pull-in and delivered in individual lengths ready for installation. The cables will be tested and manufactured at Nexans' specializedfacility in Halden, Norway, before completing delivery by the end of 2017.


The pilot 30MW floating farm will be made up of five wind turbine generators connected through an inter-array cable network before feeding into a single export cable carrying energy back to land in Peterhead, Scotland. Following the successful Norway demo, the project, assisted by Nexans, will demonstrate technological improvements, installation and operation of multiple floating wind turbines, as well as examine the cost efficiency of the park configuration.


Dirk Steinbrink, Senior Executive Vice President High Voltage & Underwater Cable Business Group at Nexans said,"This project is a great example of Nexans pioneering alternative offshore wind design, extending the options for renewable energy generation. The contract establishes Nexans as leaders in offshore wind innovation by designing specialist cables for both the initial pilot project and the Hywind Pilot Park.We are proud to be able to support Statoil as it helps the Scottish government realize its commitment to 100% renewable energy by 2020."


The Hywind project will generate green energy to power roughly 20,000 homes, and will lead the way to developing larger floating wind farms in other areas after an initial two-year testing period.


About Nexans

Nexans brings energy to life through an extensive range of cables and cabling solutions that deliver increased performance for our customers worldwide. Nexans' teams are committed to a partnershipapproach that supports customers in four main business areas: Power transmission and distribution (submarine and land), Energy resources (Oil & Gas, Mining and Renewables), Transportation (Road, Rail, Air, Sea) and Building (Commercial, Residential and Data Centers). Nexans' strategy is founded oncontinuous innovation in products, solutions and services, employee development, customer training and the introduction of safe, low-environmental-impact industrial processes.

In 2013, Nexans became the first cable player to create a Foundation to introduce sustained initiatives for access to energy for disadvantaged communities worldwide.

Nexans is an active member of Europacable, the European Association of Wire & Cable Manufacturers, and a signatory of the Europacable Industry Charter. The Charter expresses its members' commitment to the principles and objectives of developing ethical, sustainable and high-quality cables.

For more information, please consult: www.nexans.com

& follow us on:


We have an industrial presence in 40 countries and commercial activities worldwide, employing close to 26,000 people and generating sales in 2014 of 6.4 billion euros. Nexans is listed on NYSE Euronext Paris, compartment A.

Angéline Afanoukoe

Tel.: +33 (0)1 73 23 84 12

Angeline.afanoukoe@nexans.com

Contacts: Press


Michel Gédéon

Tel.: +33 (0)1 73 23 85 31

Michel.gedeon@nexans.com

Investor relations

Nexans Hellas SA issued this content on 03 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 05 February 2016 08:30:08 UTC

Original Document: http://www.nexans.gr/Corporate/2016/160203_Nexans_Statoil_Hywind_GB.pdf