Nexans bullish on Europe offshore wind

Submarine cable company Nexans is bullish about the long-term potential of the European offshore wind sector.

The company estimates it has up to a 25 per cent share of the 27 GW of capacity it says is currently under construction in European waters.

Speaking at a media briefing in London, Morten Langnes, Nexans’ submarine high voltage cable sales manager, said: “Europe is our biggest market – in terms of offshore wind, it’s everything for us.”

He said the sector was “booming” and added that “as long as it like this, there’s no point in trying to go anywhere else”.

“Momentum in the European market is still strong – and we see it staying very strong for another 10 years at least.”

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