CPSE:NKTElectrical
Assessing NKT (CPSE:NKT) Valuation After Securing €2b Scottish HVDC Contracts
Why NKT’s new Scottish HVDC contracts matter for investors
NKT (CPSE:NKT) has secured final contracts with SSEN Transmission for two Scottish HVDC links, a turnkey package covering design, production and installation of 525 kV cable systems worth about €2b.
The projects, Western Isles and Spittal to Peterhead, are now part of NKT’s high voltage order backlog, with contract values reflecting higher raw material costs and the inclusion of full cable installation scope.
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