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From Nexans to NKT: Europe doubles down on power grids - Feb 4, 2026

As of February 4, today’s news sees developments in the cable and energy sectors, particularly involving players like Nexans and NKT. Nexans has announced a landmark framework contract with Enedis, the French electricity distribution network operator, valued at 600 million euros. This contract will span seven years, with optional three-year extensions and deliveries set to commence in the first quarter of 2026. In parallel, NKT has secured a long-term Power Purchase Agreement with Uniper for a duration of ten years. This contract involves the supply of renewable electricity from Uniper's new…

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