Paris, January 25, 2016 - In a contract worth 4.6 million Euros, LofotKraft AS has once again selected Nexans to deliver and install 170 kV XLPE cables to upgrade the current systems in three fjords; Gimsøystraumen, Nappstraumen and Flakstadpollen to strengthen the power supply for residents throughout Lofoten, Norway. This will include upgrading the current grid capacity from 66 kV to 132 kV.

Lofotkraft AS will upgrade the submarine cable in all three fjords to extend longevity and solve issues related to inadequate transmission capacity. Nexans Norway will supply
the 170 kV XLPE cables with transition joints, end terminations and contingency repair joints.

The project begins in January 2016, with supply of the submarine cable scheduled for spring 2017 at Nexans' Halden plant in Norway.

We have just celebrated the 100 anniversary of Nexans Norway, which began in 1915 as Scandinavian Cable and Gummifabrik. Throughout this time, the Group has delivered more than 1500 submarine cable projects, which together contribute to over 50% of global transmission.

Tom Skattum, Project Manager at Nexans Norway said, 'We are pleased to be working with Lofotkraft AS again as part of our 50 year long relationship. Upgrading this grid means we are not only increasing the capacity, but increasing the redundancy, ensuring energy security of the residents of Lofoten.'

Bjørn Harald Vian at Lofotkraft AS added : 'The award is based on an overall assessment of the award criteria; price, project execution, quality and HSE. Furthermore, Nexans' experience and expertise in submarine cables were rated highly. In addition to being cost-effective, our previous experience with Nexans in terms of service, response time, as well as certifications is positively emphasized.'

Nexans SA issued this content on 25 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 January 2016 10:03:11 UTC

Original Document: http://www.nexans.com/eservice/Corporate-en/navigatepub_142506_-34891/Nexans_to_provide_submarine_cables_for_Lofotkraft_.html