NEX Nexans SA

Saint-Gotthard road tunnel: Nexans to install Switzerland’s longest high-voltage underground line

Saint-Gotthard road tunnel: Nexans to install Switzerland’s longest high-voltage underground line

SAINT-GOTTHARD ROAD TUNNEL: NEXANS TO INSTALL SWITZERLAND’S LONGEST HIGH-VOLTAGE UNDERGROUND LINE

  

_PRESS RELEASE

  • Nexans, in partnership with Swissgrid, will install a high-voltage line in a road tunnel, a pioneering project in Europe.
  • Works will begin in 2028 and be completed in 2030.

Paris, May 14, 2025 – Nexans, in partnership with Swissgrid, Switzerland’s national grid operator, will install a high-voltage line in the Saint-Gotthard Road tunnel.

The Saint-Gotthard Road tunnel’s second tube will feature a first: by 2030, it will house an 18 km long high-voltage line, which will replace the existing overhead line across the pass. This new connection will play a critical role in electricity transmission along Switzerland’s north–south corridor.

The 220 kV high-voltage line is a pioneering project. It marks a first of major significance in Europe: using a road tunnel for cable installation. On behalf of the federal government, Swissgrid evaluates every grid project to determine whether synergies with other infrastructure—such as rail or road tunnels—can be leveraged. Combining infrastructures often contributes to landscape preservation and more efficient land use. Nexans will supply a total of 57 km of extra-high voltage cable for this operation, working with its bases in Charleroi (Belgium), which will manufacture the cable, and in Cortaillod (Switzerland), which will handle the project engineering and installation as well as supply accessories. The preparatory phase is set to unfold from 2025 to 2028, and works are due to start in 2028 and be completed in 2030.

Nexans relied on a longstanding partnership with Swissgrid, as well as the success of several previous projects. This experience has enabled the company to acquire in-depth knowledge of the Swiss market, along with a reputation for excellence in reliability and installation solutions. Valued at approximately €50 million, this project represents the largest contract ever signed by Nexans Switzerland, making it a historic milestone for the company.

Marco Spinelli, CEO PWR-Grid Central Europe at Nexans, remarks, “This project illustrates our aim to remain a top-tier partner for Swissgrid, leveraging our ability to devise novel and dependable cable-laying solutions in complex environments. It also reflects our commitment to supporting the energy transition while playing an active part in protecting landscapes.”

Once the new line is operational, the overhead cables crossing the Gotthard Pass will be dismantled. However, four pylons near the summit will remain active but be reduced in size, to continue supporting a high-voltage connection for Swiss Federal Railways (SBB). The dismantling operation will contribute to reducing environmental and landscape impact in this sensitive natural area.

About Nexans

For over a century, Nexans has played a crucial role in the electrification of the planet and is committed to electrifying the future. With approximately 28,500 people in 41 countries, the Group is paving the way to a new world of safe, sustainable and decarbonized electricity that is accessible to everyone. In 2024, Nexans generated €7.1 billion in standard sales. The Group is a leader in the design and manufacturing of cable systems and services across four main business areas: PWR-Transmission, PWR-Grid, PWR-Connect and Industry & Solutions. Nexans was the first company in its industry to create a Foundation supporting sustainable initiatives, bringing access to energy to disadvantaged communities worldwide. The Group is recognized as a global leader on climate action and has committed to Net-Zero emissions by 2050 aligned with the Science Based Targets initiative (SBTi).

Nexans. Electrify the Future.

Nexans is listed on Euronext Paris, compartment A.

For more information, please visit

Contacts:

Communication

Mael Evin (Havas Paris)

Tel.: +33 (0)6 44 12 14 91





 



Emmanuelle Guy

Investor relations

 Audrey Bourgeois



Tel.: +33 (0)1 78 15 00 43





 

Attachment



EN
14/05/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Nexans SA

 PRESS RELEASE

Saint-Gotthard road tunnel: Nexans to install Switzerland’s longest hi...

Saint-Gotthard road tunnel: Nexans to install Switzerland’s longest high-voltage underground line SAINT-GOTTHARD ROAD TUNNEL: NEXANS TO INSTALL SWITZERLAND’S LONGEST HIGH-VOLTAGE UNDERGROUND LINE   _PRESS RELEASE _  Nexans, in partnership with Swissgrid, will install a high-voltage line in a road tunnel, a pioneering project in Europe.Works will begin in 2028 and be completed in 2030. Paris, May 14, 2025 – Nexans, in partnership with Swissgrid, Switzerland’s national grid operator, will install a high-voltage line in the Saint-Gotthard Road tunnel. The Saint-Gotthard Road tunnel’s seco...

 PRESS RELEASE

Tunnel routier du Saint-Gothard : Nexans installera la plus longue lig...

Tunnel routier du Saint-Gothard : Nexans installera la plus longue ligne haute tension souterraine de Suisse TUNNEL ROUTIER DU SAINT-GOTHARD : NEXANS INSTALLERA LA PLUS LONGUE LIGNE HAUTE TENSION SOUTERRAINE DE SUISSE _COMMUNIQUÉ DE PRESSE_ Nexans, en collaboration avec Swissgrid, va installer une ligne haute tension dans un tunnel autoroutier, un projet pionnier à l’échelle européenneLes travaux débuteront en 2028 pour s’achever en 2030. Paris, le 14 mai 2025 – Nexans, en partenariat avec Swissgrid, la société nationale d’exploitation du réseau électrique en Suisse, va installer une li...

 PRESS RELEASE

Information on share capital and voting rights - April 2025

Information on share capital and voting rights - April 2025 Information on share capital and voting rights April 2025 Statement made in accordance with article L. 233-8 II of the French commercial Code and articles 221-1 2 ° f) and 223-16 of the AMF Regulations. May 5th, 2025 Statement made by:         Nexans S.A.Registered office : 4 Allée de l’Arche - 92400 CourbevoieRCS Nanterre 393 525 852Regulated market of Euronext Paris (Compartment A) DateTotal number of sharesTotal number of voting rightsTheorical (1)Exercisable (2)April 30th, 202543,753,38043,753,38043,745,871 (1)   Calculated ...

 PRESS RELEASE

Information mensuelle relative au nombre d'actions et de droits de vot...

Information mensuelle relative au nombre d'actions et de droits de vote - Avril 2025 Information mensuelle relative au nombre d’actions et de droits de voteAvril 2025 Déclaration faite en application de l'article L. 233-8 II du code de commerce et des articles 221-1 2° f) et 223-16 du règlement général de l’AMF. Le 5 mai 2025 Société déclarante : Nexans S.A.Siège social : 4 Allée de l’Arche – 92400 CourbevoieRCS Nanterre 393 525 852Marché réglementé d’Euronext Paris (Compartiment A) DateNombre d’actions composant le capitalNombre total de droits de voteThéoriques (1)Exerçables (2)30 avr...

Felix Fischer ... (+7)
  • Felix Fischer
  • Haidje Rustau
  • Jayanth Kandalam
  • Peter Low
  • Si Yong Ng
  • Tanvi Arora
  • Trung Nguyen

Lucror Analytics - Morning Views Europe

In today's Morning Views publication we comment on developments of the following high yield issuers: AMS Osram, Nexans, Lowell, Aston Martin, Constellium, Pfleiderer, Loewen Play, Pasubio, Motel One, Synthomer, Ineos Quattro, Air France-KLM, Tele Columbus, Selecta, Progroup, SIG plc, Modulaire, Hapag-Lloyd, Adler Pelzer, International Personal Finance, Stena AB, Standard Profil, Bombardier, Ontex, Vedanta Resources, Cirsa

ResearchPool Subscriptions

Get the most out of your insights

Get in touch