on NEXANS (EPA:NEX)
Nexans Addresses Rumors on Great Sea Interconnector Project
Paris, December 9, 2025 - In light of recent reports from Cypriot media, Nexans clarifies its ongoing commitment to the Great Sea Interconnector project. The company stated that it upholds its contractual obligations and adheres to agreed milestones in coordination with the customer. Nexans acknowledged that such milestones might be subject to adjustments typical for large-scale projects.
Nexans reassured stakeholders of its continued support for its customer, highlighting the receipt of substantial payments since the project's inception. These payments have facilitated the production of the Great Sea Interconnector cable, mitigating financial risks associated with any project modifications.
R. E.
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