Nexans signs two memorandums of understanding with the Moroccan government for a new cable plant in Morocco
14 December 2023
4 min
  • Two agreements have been signed with Morocco’s Ministry of Industry and Trade, Ministry of Energy Transition and Sustainable Development, Ministry of Investment, Convergence and Evaluation of Public Policies, National Office of Electricity and Drinking Water (ONEE), and Moroccan Investment and Export Development Agency (AMDIE) to build a new medium-voltage cable plant in the country involving a total investment of €100 million, by 2026.
  • With the goal of supporting the energy transition in Morocco and Africa, the project is expected to create more than 200 direct jobs.

Nexans and the Moroccan Ministry of Industry and Trade, Ministry of Energy Transition and Sustainable Development, Ministry of Investment, Convergence and Evaluation of Public Policies, the National Office of Electricity and Drinking Water (ONEE) and the Moroccan Investment and Export Development Agency (AMDIE), signed two agreements involving a €100 million as a total investment plan to build the company’s third plant for medium-voltage cable in Morocco by 2026, in addition to its facilities in Casablanca and Mohammedia.

Strengthening Nexans’ commitment to the energy transition in Morocco and across Africa, the project is expected to create more than 200 direct jobs and will benefit from the backing of the Moroccan Ministries, the ONEE and the AMDIE. Moreover, it will meet the Group’s standards of excellence, in line with its Industry 4.0 digitalization and sustainability goals, and will deliver cables to Africa.

This project is aligned with the High Instructions of His Majesty, King Mohammed VI. Currently a leader in the region and across Africa in the deployment of renewable energy infrastructure, Morocco aims to consolidate the entire industrial ecosystem in the years to come. Through this transformative project, Morocco and Nexans are working together to strengthen the development of the renewable energy industry value chain in the Kingdom and to promote technical advancement in the local industrial fabric.

Once again, I commend Morocco’s outstanding leadership in bringing the benefits of sustainable electrification to all. I am delighted with this new phase in our relations, which boosts our presence in the country, where we have been operating for more than 75 years, alongside our plants in Mohammedia and Casablanca. This project, bringing together public and private players, sets out to achieve, from the very start, ecological and human commitments, thereby unlocking significant economic potential for all of Africa.

Christopher Guérin
Christopher Guérin

CEO, Nexans

This project is central to the key directives of the roadmap issued on High Instructions of His Majesty King Mohammed VI, may God assist Him, which were reiterated last March. I would like to express my praise for the support of the Ministries, which made this agreement possible. We are proud to strengthen our presence in Morocco.

Selma Alami
Selma Alami

Managing Director, Nexans North & West Africa

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Nexans to build third generation cable laying vessel to drive global energy transition
25 July 2023
4 min
CLV Nexans Electra
  • Nexans is investing in a new cutting-edge cable laying vessel to support a record project backlog and meet future needs in a booming offshore wind and interconnection market.
  • This unique and pioneering vessel builds on the capabilities of the Nexans Aurora, with an enhanced loading capacity and the ability to lay four cables simultaneously.
  • This vessel will be delivered in 2026.

Nexans, a world leader in the cable system design, manufacturing and services, has announced an expansion in its presence in the offshore wind and interconnection market, by adding a third cable laying vessel to its fleet.

This strategic decision will allow the Group to meet the increasing demand for electrification, especially in the American and European markets, driven by a record project backlog and recently strengthened by the historic €1.7 billion contract with TenneT, and €1.43 billion contract for EuroAsia Interconnector project.

This new strategic asset will also directly and indirectly create hundreds of jobs worldwide during its construction and operational period.

A new ship with unprecedented capabilities

Building upon the cutting-edge technology featured on Nexans’ flagship vessel, the Nexans Aurora, this new ship goes further with improved design, comfort and capabilities. Equipped with three turntables, offering a 13,500-tonne loading capacity, and hosting a large range of subsea tooling including jetting and ploughing tools, this vessel will be capable of laying up to four cables simultaneously to meet specific customer requirements, especially on large-scale projects.

By adding this vessel to its fleet, Nexans is also enhancing its versatility and flexibility covering a widening geographical footprint.

From an environmental standpoint, the new vessel with its increased load capacity, an advanced hybrid power system and capable of running on biodiesel mix, will offer a significant reduced footprint, reflecting the Group’s strategic environmental vision.

Vincent Dessale

This new vessel will be the most technologically advanced cable layer ever deployed. Fitted with a range of high-tech cable installation and burial equipment, it will enhance the capabilities of our subsea cable operations to tackle projects on an unprecedented scale. This new strategic asset will support the Group’s long-term growth, consolidating its leadership in the interconnection and offshore markets. It perfectly embodies Nexans’ strategy to electrify the future, and its innovative features illustrate our ever-increasing commitment to meeting our partners’ needs.

Vincent Dessale

Chief Operations Officer and Senior EVP, Nexans