Nexans France : Nexans : Subsea HVDC cable contract in excess of 80 million Euros for Canadian hydro power project

 Nexans France : Nexans : Subsea HVDC cable contract in excess of 80 million
                    Euros for Canadian hydro power project

                                      


                                                                Press release

                   Nexans wins a subsea HVDC cable contract
                        in excess of 80 million Euros
                       for Canadian hydro power project

Paris, January 15, 2013  - Nexans, a worldwide  expert in the cable  industry, 
has been awarded by Nalcor Energy a contract in excess of 80 million Euros for
a submarine  high-voltage  direct current  (HVDC)  cable in  the  province  of 
Newfoundland and  Labrador, Canada.  The  contract includes  the  manufacture, 
supply and laying of approximately 100 km of subsea HVDC cable and accessories
to interconnect Labrador and Newfoundland, via the Strait of Belle Isle, which
will  deliver  power  from  Muskrat  Falls  in  Labrador  to  the  island   of 
Newfoundland.

The Nexans submarine HVDC cable form  part of the new HVDC transmission  link, 
rated at 900  MW and  having a total  length of  1,100 km. A  key purpose  and 
rationale for this  transmission link  is to  put in  place infrastructure  to 
bring power from Labrador to  the island portion of  the province to meet  the 
growing electricity needs in the province.

The HVDC cables will be manufactured at NVC, Nexans' factory in Tokyo,  Japan. 
Nexans will supply: three lengths of mass impregnated submarine power  cables 
rated at 350  kilovolt (kV),  with an  integrated fibre  optic element;  three 
underground cables that will be used  for the land connections at either  side 
of the strait; accessories comprising of joints, spares, and terminations.

The subsea HVDC cables will be installed with Nexans' own installation vessel,
the C/S Nexans Skagerrak.

"Nexans has a well established track record in HVDC projects, in which we have
supplied more than 3,000  km of submarine  cables," says Frédéric  Michelland, 
Senior Corporate Executive Vice  President of Nexans.  "Following on from  the 
recent Terna interconnection  project connecting Italy  with Montenegro,  this 
contract  reinforces   Nexans'   leading   position  in   the   global   power 
interconnection sector and further develops our focus as a strategic  supplier 
of high technology submarine cable solutions".

About Nexans

With energy at the basis of  its development, Nexans, worldwide expert in  the 
cable industry, offers an extensive range of cables and cabling solutions. The
Group is a global player in the energy transmission and distribution, industry
and building markets. Nexans addresses a wide series of market segments:  from 
energy and telecom networks to energy resources (wind turbines,  photovoltaic, 
oil and gas or mining.) to transportation (shipbuilding, aerospace, automotive
and automation, railways...).
Nexans  is  a   responsible  industrial  company   that  regards   sustainable 
development as integral  to its  global and  operational strategy.  Continuous 
innovation in  products,  solutions  and services,  employee  development  and 
commitment, customer  orientation  and  the introduction  of  safe  industrial 
processes with limited environmental impact are among the key initiatives that
place Nexans at the core of a sustainable future.
With  an  industrial  presence  in  40  countries  and  commercial  activities 
worldwide, Nexans employs  25,000 people and  had sales in  2011 of 7  billion 
euros. Nexans is listed on NYSE Euronext Paris, compartment A.
For more information, please consult: www.nexans.com or www.nexans.mobi

Contacts:
Press

Angéline Afanoukoe Tel.: +33 (0)1 73 23 84 12 Angeline.afanoukoe@nexans.com

Investor relations

Michel Gédéon Tel.: +33 (0)1 73 23 85 31 Michel.gedeon@nexans.com

130115_Nexans_HVDC Belle Isle_GB

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Source: Nexans France via Thomson Reuters ONE
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