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

Nexans inaugurates Stella Nova and unveils a world-first demonstration...

Nexans inaugurates Stella Nova and unveils a world-first demonstration for the electrification of data hall infrastructures in data centers Nexans inaugurates Stella Nova and unveils a world-first demonstration for the electrification of data hall infrastructures in data centers  PRESS RELEASE  Nexans opens Stella Nova, a cutting-edge Center of Excellence driving the next- generation of electrification technologies, from superconducting cable systems to cryogenic lines technologies and forming and welding solutions.World-first demonstration of superconducting LV AC and LV DC cables design...

 PRESS RELEASE

Nexans inaugure Stella Nova et dévoile en première mondiale un démonst...

Nexans inaugure Stella Nova et dévoile en première mondiale un démonstrateur destiné à l’électrification des infrastructures des salles de données des datacenters Nexans inaugure Stella Nova et dévoile en première mondiale un démonstrateur destiné à l’électrification des infrastructures des salles de données des datacenters _COMMUNIQUÉ DE PRESSE_ Nexans inaugure Stella Nova, un centre d'excellence dédié aux technologies avancées en matière d'électrification : solutions de câbles supraconducteurs, systèmes de transfert cryogéniques et machines de formage et de soudage.Stella Nova présent...

Carole Braudeau
  • Carole Braudeau

Credit Morning 06/03/2025

Worldline plans to issue 2030 unsecured notes to refinance its 2026 convertible notes|Cerba: S&P cuts the corporate rating to CCC+/stable from B-/stable, appointment of a new CEO|

Carole Braudeau
  • Carole Braudeau

Morning Crédit 03/06/2025

Worldline compte émettre des obligations unsecured 2030 pour refinancer les OCEANE 2026|Cerba : S&P dégrade le rating de B-/stable à CCC+/stable, nomination d’un nouveau CEO|

ResearchPool Subscriptions

Get the most out of your insights

Get in touch