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JDR to be acquired by Tele-Fonika Kable

Posted By Bahzad Ayoub, 26 July 2017

JDR Cable Systems (JDR), announced on 17th July that it is to be acquired by Tele-Fonika Kable (TFKable). The transaction is subject to regulatory approval. TFKable is a global producer of wires and cables and both companies have a long history of collaboration, with TFKable providing water blocked power cores to JDR for its cable and umbilical systems. The transaction, which is subject to receipt of required regulatory approval and consents and other customary closing conditions, is expected to close in Q3 2017.

According to RenewableUK’s Project Intelligence, JDR is the number one ranked array cable manufacture in the European offshore wind sector. This is based on the total length of array cables that they have been contracted to manufacture. The graph below shows that from 2015 to 2020 JDR has been contracted to manufacture a total of 1,276km worth of array cables. A total of 1,354km worth of array cables that is forecast to be installed between 2018 and 2022 have been contracted to cable manufacturing companies, with JDR being responsible for manufacturing 596km of these cables.

Aside from JDR, Nexans, Prysmian, NSW and VBMS are also contracted to manufacture array cables which are forecast to be installed in European projects between 2018 and 2022. Nexans is contracted to manufacture a total of 338km worth of array cables in this period, whilst Prysmian are contracted to manufacture a total of 218km worth of cables. NSW’s array cable manufacturing contract accounts for 61km of array cables and contracts for VBMS account for 29km worth of projects.

Source: RenewableUK Project Intelligence

The table below shows all European projects which have awarded array cable manufacturing contracts and that are forecast to undertake installations between 2018 and 2022. At present, projects in the UK, Germany, Belgium and Denmark have awarded manufacturing contracts for array cables. JDR’s manufacturing of cables that are forecast to be installed in this period will be for projects located in the UK. The projects that they will be supply cables to includes Beatrice, East Anglia ONE, EOWDC, Race Bank and Hornsea Project One.

Although JDR’s contracts are currently focused in the UK, there is still a total of 3,515km of array cables that are forecast to be installed in Europe between 2018 and 2022 that have yet to be awarded to manufacturing companies. This suggests that there are still a large number of array cable manufacturing opportunities in the European offshore wind sector over the next five years. 

Project

Status

Manufacturer

Country

Beatrice

Under Construction

JDR

UK

East Anglia ONE

Pre-Construction

JDR

UK

European Offshore Wind Deployment Centre (EOWDC, Aberdeen Bay)

Pre-Construction

JDR

UK

Race Bank

Under Construction

JDR

UK

Hornsea Project One

Pre-Construction

JDR

UK

Arkona

Under Construction

Nexans

Germany

Blyth Offshore Wind Demonstration Project (Phase 1)

Pre-Construction

Nexans

UK

Hywind Scotland Pilot Park

Under Construction

Nexans

UK

Walney Extension East

Offshore Construction

Nexans

UK

Walney Extension West

Offshore Construction

Nexans

UK

Borkum Riffgrund 2

Pre-Construction

Nexans

Germany

Horns Rev 3

Pre-Construction

Prysmian

Denmark

Merkur Offshore

Under Construction

Prysmian

Germany

Rentel

Pre-Construction

Prysmian

Belgium

Borkum West 2.2

Pre-Construction

NSW

Germany

OWP Albatros

Pre-Construction

VBMS

Germany

Source: RenewableUK Project Intelligence

Tags:  Offshore Wind  Project intelligence 

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