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Hellenic Cables Secures Contract for Dunkirk Offshore Wind Farm

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Hellenic Cables Secures Contract for Dunkirk Offshore Wind Farm

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Cenergy Holdings SA ( (DE:9CN) ) has shared an update.

Cenergy Holdings’ subsidiary, Hellenic Cables, has secured a turnkey contract with RTE for the Dunkirk offshore wind farm, in collaboration with Asso.subsea. This project involves the design, manufacture, and installation of both submarine and underground cables, contributing to France’s renewable energy goals. The involvement of Hellenic Cables and Asso.subsea underscores their commitment to advancing renewable energy infrastructure, enhancing their industry positioning, and supporting Europe’s energy transition.

More about Cenergy Holdings SA

Cenergy Holdings is a Belgian holding company listed on Euronext Brussels and the Athens Stock Exchange. It invests in leading industrial companies, focusing primarily on the growing global demand in the fields of energy transport, renewable energy, and data transmission. Its portfolio includes Corinth Pipeworks and Hellenic Cables, which are at the forefront of their respective high-growth sectors. Hellenic Cables is one of the largest European cable manufacturers, producing electrical, telecommunication, and submarine cables.

YTD Price Performance: -3.83%

Average Trading Volume: 346

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €2B

For an in-depth examination of 9CN stock, go to TipRanks’ Stock Analysis page.

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