Hellenic Cables, the cables segment of Cenergy Holdings, following the successful completion of another 110kV submarine cables contract in 2022, signed a second one with the contractor Koncar Group for the supply of approx. 30 Km 110 kV High Voltage submarine cables, accessories, and related services as part of a project by the Croatian Transmission System Operator (HOPS) to replace outdated cable lines in the Adriatic Sea.

Hellenic Cables is excited to continue being part of this strategic project in Croatia, which secures the energy supply of the islands Hvar, Korcula, Cres, and Lošinj in the Adriatic Sea while also making a significant environmental contribution by reducing the environmental footprint of the Adriatic islands.

Cables production will start in 2023 and is expected to be completed by February 2024 at Hellenic Cables’ state-of-the-art submarine cable production facility in Corinth, Greece.

Mr. Alexis Alexiou, CEO of Cenergy Holdings and Hellenic Cables commented:
“We are pleased that Koncar trusts us and chooses us again as a reliable supplier contributing to Croatia’s energy transition”.

Mr. Gordan Planinic, MOB of Koncar - Engineering Ltd. for production and services commented:
“For the second time, we have chosen Hellenic Cables as a partner in a strategic project in Croatia which will connect Croatian islands Hvar, Korcula, Cres, and Lošinj with new 110 kV HV cables. This enables, above all, to maintain the security of supply of customers on the Adriatic islands as well as a significant environmental contribution to the preservation of the cleanliness of the Adriatic Sea”.