PARIS, March 19 France's Nexans (NEXS.PA) said
on Wednesday it had won a 150 million euro ($237.2 million)
submarine power cable contract to connect Finland and Sweden.
The contract was awarded by Fingrid Oyj, the electricity
transmission system operator in Finland, and Svenska Kraftnät, a
state utility which runs the national electrical grid in Sweden.
The contract is for the manufacture and installation of a
High Voltage Direct Current (HVDC) submarine power cable for
The Fenno-Skan 2 HVDC project will create a new 800 MW, 500
kV subsea electricity transmission connection between southern
Finland and Sweden, following a 200 km route across the Gulf of
(Reporting by Marcel Michelson)