Hellenic Cables to supply High Voltage submarine cables to Croatian TSO for a cable replacement project

Hellenic Cables, the cable segment of Cenergy Holdings, signed a contract with major Croatian contractor Končar Group for the supply of 12 Km 110 kV submarine cables, accessories and related services as part of a project by the Croatian Transmission System Operator for the replacement of existing outdated cable lines in the Adriatic Sea.

Hellenic Cables is excited to be part of this strategic project in Croatia, which will secure the energy supply on the Adriatic islands while also making significant environmental contribution by reducing the environmental footprint of the Adriatic islands.

Cables production will start in 2021 and is expected to be completed by February 2022 at Hellenic Cables’ state-of-the-art submarine cable production facility in Corinth, Greece.

Mr. Alexios Alexiou, CEO of Cenergy Holdings and of Hellenic Cables commented: “We are very proud that together with Končar Group we are part of this key project in Croatia that is one more step towards the green energy transition of the country”.

Mr. Gordan Planinić, MOB of Končar – Engineering Co. for Plant Installation & Commissioning inc. commented: “For the first time, we will work together with our new partners from Greece in this key project in Croatia which will have significant impact on stability of Croatian transmission system as well as increasing capacity for installation of new renewable energy sources on Croatian islands Krk and Brač.”