Athens, January 22th, 2020
Greek TSO ADMIE has awarded Hellenic Cables and its subsidiary Fulgor the project for the interconnection of Skiathos island in the Aegean Sea to the mainland grid.
The contract, worth approx. EUR 43 million, entails the supply and installation of the submarine and underground cable system. This includes the design and manufacturing of 30 km of 150 kV submarine cable system, its subsea installation and protection as well as its connection to the 150 kV Transmission System in Mantoudi area, Evia.
Implementation is expected to begin January 2020 and completed within 20 months./
The submarine cable will be manufactured at Hellenic Cables’ plant in Corinth, Greece, where state-of-the-art facilities and equipment enable the production and testing of some of the longest submarine cables in continuous lengths worldwide.
Hellenic Cables is one of the largest cable producers in Europe, manufacturing power and telecom cables as well as submarine cables for various industries, including offshore wind and utilities, as well as undertaking turnkey power transmission and distribution projects. Through its fully-owned subsidiary Fulgor SA, 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 on a worldwide basis is empowered by the Company’s state-of-the-art facilities and equipment. Hellenic Cables recently implemented a EUR 150 million investment plan for the production of high and extra high-voltage submarine cables at Fulgor plant. Looking ahead, additional investments in technology and innovative cable solutions are decided, as a way of contributing to the creation of a sustainable future for its stakeholders. Hellenic Cables represents the cable production segment of Cenergy Holdings SA. For further information please visit Hellenic Cables website at www.hellenic-cables.com.