Cable Preferred Supplier

On 25 September 2017, Boskalis subsidiary VBMS, in consortium with NKT Cables, signed a Preferred Supplier and Early Works Agreement for the Triton Knoll project covering the supply and installation of two approximately 50 km long export cables and 97 inter-array cables, with the export cables forming part of the offshore transmission system that would later be transferred to the Triton Knoll OFTO. The agreement, with an estimated contract value of about EUR 80 million for Boskalis, made VBMS and NKT the preferred suppliers for these cable scopes, subject to financial close expected in Q2 2018, with project execution scheduled for 2020.