Nexans picks up Celtic Interconnector contract
Paris-based cabling firm Nexans has won a contract for the interconnector project that will directly link the French and Irish electricity grids for the first time.
The project called the Celtic Interconnector, developed by the joint venture between transmission system operators RTE and EirGrid, will connect Ireland to mainland Europe with a 700MW capacity, equivalent to the electricity consumption of over 450,000 homes.
The link includes a 500 km subsea cable route, a 40 km underground route in France, and a 35 km underground route in Ireland. Subsea cables will be produced in Halden, Norway, while the underground cables will be manufactured in Charleroi, Belgium. Offshore work will be delivered with the 2021-built Nexans Aurora cable laying vessel.
The Celtic Interconnector is recognized as a project of common interest by the EU and has secured €800m ($832.3m) of financing from the European Investment Bank, Danske Bank, Barclays and BNP. It should become operational by 2026 and Nexans said it would be the longest cross linked polyethylene (XLPE) power interconnector ever built.