Hellenic Cables was awarded a contract by IPTO for the interconnection between Igoumenitsa and Corfu Island

Athens, 11 September 2025

Hellenic Cables, the cables segment of Cenergy Holdings, was awarded a turnkey contract by the Independent Power Transmission Operator (IPTO) for the design, supply, and installation of a 150kV composite cable system interconnecting Igoumenitsa and Corfu, Greece.

The turnkey project includes the design, manufacture, installation, protection, and commissioning of approx. 18 km of three-core submarine cables and 13 km of single-core underground cables. The 150kV composite submarine and underground cable system will further strengthen the reliability and increase the capacity of Greece’s electricity transmission network.

The submarine cables will be produced at Hellenic Cables’ facility in Corinth, Greece, while the land cables will be manufactured at Hellenic Cables’ land cable facility in Thiva, Greece. The project will be completed within 22 months from the signing of the contract.

Kostas Savvakis, General Manager at Hellenic Cables, stated: “We are proud to continue supporting IPTO in strengthening Greece’s energy infrastructure with reliable and sustainable cable solutions. This project is another important milestone that reflects Hellenic Cables’ commitment to engineering excellence, innovation, and support in enhancing the Greek energy infrastructure.”

With over 70 years of success, Hellenic Cables is a leading provider of cables and turnkey solutions worldwide, servicing the markets of energy transmission and distribution, renewables and offshore wind, telecom and data networks, construction, and industry. Through its fully owned subsidiary Fulgor, Hellenic Cables operates its submarine cables plant in Corinth, Greece, where the production and testing of some of the longest submarine cable lengths without factory joints leveraging top-notch facilities and equipment. Since 2012, Hellenic Cables has executed an EUR 600 million investment plan to upgrade its production sites, transforming them into state-of-the-art facilities. Hellenic Cables represents the cables segment of Cenergy Holdings SA. For further information, please visit Hellenic Cables website at www.hellenic-cables.com.

Cenergy Holdings is a Belgian holding company listed on both Euronext Brussels and Athens Stock Exchange, investing in leading industrial companies, focusing on the growing global demand of energy transfer, renewables and data transmission. The Cenergy Holdings portfolio consists of Corinth Pipeworks and Hellenic Cables, companies positioned at the forefront of their respective high growth sectors. Hellenic Cables is one of the largest cable producers in Europe, manufacturing power and telecom cables as well as submarine cables. Corinth Pipeworks is a world leader in steel pipe manufacturing for the energy sector and major producer of steel hollow sections for the construction sector. For more information, please visit our website at www.cenergyholdings.com.