Press releases 2015

Nexans renews a revolving credit facility worth 600 million euros

17/12/15

On December 14th 2015, Nexans signed a € 600 million Revolving Credit Facility with 11 of its core banks for a period of five years, thereby extending the tenor of the Group’s access to liquidity until 2020.

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Nexans to increase wind power potential in Romania

EnergoBit S.A.’s 30MW Babadag III Wind Farm in Romania will transmit energy to the grid using 140km of Nexans’ high temperature conductor cables and accessories.

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Superconducting Power Grids – A step forward in energy transition

On 7th December, Nexans will look at the role of superconductivity in providing reliable and energy-efficient solutions to integrate renewable power generation while reducing carbon footprint, with inputs from leading experts from industry and academics.

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Antitrust investigation update

03/11/15

Paris, November 3, 2015 - Nexans announces that the investigation by the United States Department of Justice Antitrust Division into the submarine and underground power cable industry, previously disclosed by Nexans, has been closed without prosecution or sanction against any Nexans group company.

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Nexans sells its Argentinean activities to a local player

02/11/15

Nexans announced today that it has reached a definitive agreement to sell its Argentinean operations and expects to close this transaction by the end of November 2015, subject to customary closing conditions.

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BienVEnu: An innovative Smart City project to encourage deployment of electric vehicles (EV) in collective housing

Project BienVEnu for EV charging in collective housing was launched today by project coordinator ERDF and seven partners, including CentraleSupélec, G2Mobility, MOPeasy, Nexans, Park’N’Plug, Tetragora, and Trialog.

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2015 Third-Quarter Financial Information

16/10/15

Today, Nexans announced its sales for the third quarter of 2015.

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Nexans unveils new certified iGigaswitch Series allowing streamlined communications between electrical devices

Nexans has released the world’s first KEMA IEC 61850 certified iGigaswitch Series, compatible across similarly certified components from any manufacturer allowing for smarter and faster interchangeability.

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Nexans cables to power Brazil’s new generation tramway

Brazil’s first modern tramway is to benefit from enhanced reliability thanks to a partnership between Nexans and Alstom.

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Nexans subsea cables will deliver power for the new offshore super complex serving Abu Dhabi’s Nasr oil field

The new super complex at the heart of the future development of the Nasr oil field, offshore from Abu Dhabi in the UAE, will be powered by Nexans’ subsea cables.

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2015 First-Half Results

29/07/15

Paris, July 29, 2015 – The Nexans Board of Directors meeting chaired by Frédéric Vincent on July 28, 2015 approved the Group's condensed consolidated financial statements for the first half of 2015.

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Meyer Werft cruise liners equipped with Nexans SHIPLINK® cables

The Anthem of the Seas, a luxury cruise liners built at the Meyer Werft shipyard in Germany, set sail with Nexans cables on board.

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Nexans’ XLPE cables to increase security of power supply in Denmark

Nexans will manufacture and supply XLPE submarine and underground cables to connect Danish substations

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Nexans EHV cable to connect Canada’s Grand Bend Wind Farm

New Nexans facility in Charleston, South Carolina, USA will manufacture Extra High Voltage (EHV) cable to enable Ontario Power Authority (OPA) to develop its Feed-In Tariff (FIT) Program for renewable energy sources

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Europe’s largest solar farm to be connected with Nexans’ photovoltaic cables

Nexans has been awarded a contract by Eiffage Energie on behalf of Clemessy to supply specialized photovoltaic cables and power cables for the Cestas solar farm in France

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Karbala Refinery Project chooses Nexans’ low voltage cables

Nexans has been awarded a contract by HDGSK Joint Venture to supply a low voltage cable system for the Karbala Refinery Project in Iraq

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Nexans always at the forefront of aerospace technology with the most complete offer

Nexans is launching its whitepaper looking at the future of cabling in aerospace at the 2015 Paris Air Show.

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Nexans delivers static subsea umbilical to Statoil’s Snøhvit CO2 injection project

Nexans has delivered one umbilical to the Snøhvit field in Norway as part of a €45 million contract with Statoil

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Direct Electrical Heating (DEH) technology keeps subsea flowlines flowing as oil and gas projects go deeper and longer

Nexans invites visitors to OTC 2015 to meet its experts on Booth 5553 to discover the latest developments in Direct Electrical Heating (DEH) technology for subsea flowlines.

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Mixed Shareholders’ Meeting held on May 5, 2015

05/05/15

Paris, May 5, 2015 – Nexans Mixed Shareholders’, held on May 5, 2015  approved all the twenty-nine resolutions proposed to the shareholders by the Board of Directors.

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2015 First-Quarter Financial Information

28/04/15

Today, Nexans announced first-quarter 2015 sales of 1,601 million euros at current metal prices (versus 1,560 million euros in the first three months of 2014). At constant metal prices, first quarter sales came in at 1,172 million euros, representing year-on-year organic growth of 1.8%.

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Nexans’ temporary site cables reduce disconnecting times

Temporary site cables are custom-made, quick-connectable cables for temporary use in the high-voltage network, for example, during repair work on overhead lines or in transformer stations when converting networks.

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Nexans’ 2014 Registration Document - Mixed Shareholders’ Meeting of May 5, 2015

30/03/15

The 2014 Registration document has been filed with the AMF on March 27, 2015 - The Mixed Shareholders’ Meeting will be held on Tuesday May 5, 2015.

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Nexans equips Bombardier’s Queensland trains with FLAMEX® range cables

Regional trains in Australia will rely on Nexans cables after Bombardier Transportation awarded a contract for the Queensland New Generation Rollingstock Project.

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Nexans launches online substances tracker to ensure REACh compliance

Nexans’ customers will now get access to up to date regulatory information on Substances of Very High Concern (SVHC) through a new online tool: Nexans Tracker.

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2014 Full-Year Results

13/02/15

Paris, February 13, 2015 – Today, Nexans published its financial statements for the year ended December 31, 2014, as approved on February 12, 2015 by the Board of Directors under the Chairmanship of Frédéric Vincent.

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NordLink HVDC interconnector between Norway and Germany will use Nexans’ subsea power cables

The Norwegian and German power grids will be able to share green energy directly for the first time thanks to Nexans submarine HVDC (high voltage direct current) cables to be installed as part of the NordLink project.

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ENERGINET.DK chooses Nexans aluminium XLPE cables

Denmark’s Kriegers Flak offshore windfarm is to be securely connected to the national grid with Nexans’ 400 kV aluminium XLPE cables.

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Nexans to provide umbilicals for Statoil’s Visund field

Statoil’s Visund oil and gas field is to benefit from standardised fast-track umbilicals developed by Nexans.

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Results of impairment tests of certain assets for the financial year 2014

22/01/15

Recognition of an impairment of € 197 million (with no cash impact)

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