Hellenic Cables, the cables segment of Cenergy Holdings, announces the successful completion of cable manufacturing and loading for shipment, executing the contract awarded by Dominion Energy for the partial supply of inter-array cables for the Coastal Virginia Offshore Wind (CVOW) commercial project.
The purpose of this project is to provide approximately 2.6 GW of clean, reliable offshore wind energy, increasing the amount and availability of renewable energy to Virginia customers, creating the opportunity to provide clean, reliable energy and to offer substantial economic and environmental benefits to the Hampton Roads region. This project represents a viable and needed opportunity for Virginia to obtain clean renewable energy and realize its economic and environmental goals.
Hellenic Cables was responsible for the design, supply, and storage of approximately 50 km of 66 kV, XLPE insulated submarine inter-array cables, connecting the wind turbines to the offshore substation.
The cables have been manufactured in Hellenic Cables’ state-of-the-art submarine cable production facility in Corinth, Greece, over an extended period.
“We are proud to support Dominion Energy in this flagship project, one of the first commercial-scale offshore wind projects in the US, with our world-class cable design and manufacturing expertise. In doing so, we are doing our part in enabling the clean energy transition in Virginia, the United States and the world.” commented Mr. Alexis Alexiou, CEO of Cenergy Holdings and Hellenic Cables.
“Hellenic Cables is a global leader and brings years of experience to help us deliver clean, renewable energy to our Virginia customers,” said Joshua Bennett, Dominion Energy’s vice president of offshore wind.
With this award, Hellenic Cables further consolidates its presence in the U.S. offshore wind market, following the award of Mayflower Wind array cables scope in early 2020. In addition, the establishment of Hellenic Cables America Inc., a wholly owned subsidiary, provides its US customers with direct support and expertise throughout the entire lifetime of their projects.
About Dominion Energy
More than 7 million customers in 16 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D), headquartered in Richmond, Va. The company is committed to sustainable, reliable, affordable and safe energy and to achieving net zero carbon dioxide and methane emissions from its power generation and gas infrastructure operations by 2050. Please visit dominionenergy.com to learn more.
About Hellenic Cables
Hellenic Cables is one of the largest cable producers, manufacturing power and telecom cables as well as submarine cables for various industries, including offshore wind and utilities, as well as undertaking turnkey power transmission and distribution projects. Through its fully owned subsidiary Fulgor, Hellenic Cables operates its submarine cables plant in Corinth, Greece, where the production and testing of some of the longest submarine cable lengths without factory joints on a worldwide basis is empowered by the Company’s state-of-the-art facilities and equipment. Since 2012, Hellenic Cables has implemented a EUR 200 million-investment plan for the production of high and extra high-voltage submarine cables at Corinth plant. Hellenic Cables represents the cable production segment of Cenergy Holdings SA. For further information, please visit Hellenic Cables website at www.hellenic-cables.com.
About Cenergy Holdings
Cenergy Holdings is a Belgian holding company listed on both Euronext Brussels and Athens Stock Exchange, investing in leading industrial companies, focusing on the growing global demand of energy transfer, renewables and data transmission. The Cenergy Holdings portfolio consists of Corinth Pipeworks and Hellenic Cables, companies positioned at the forefront of their respective high growth sectors. Corinth Pipeworks is a world leader in steel pipe manufacturing for the oil and gas sector and major producer of steel hollow sections for the construction sector. Hellenic Cables is one of the largest cable producers in Europe, manufacturing power and telecom cables as well as submarine cables for the aforementioned sectors. For more information about our company, please visit our website at www.cenergyholdings.com.