NKT acquires SolidAl, adding medium- and high-voltage capacity to address growing grid demand

Jun 21, 2024

NKT has acquired SolidAl, a Portugal-based power cable company, from Njord Partners, adding medium- and high-voltage capacity to meet the growing demand from grid upgrades and renewable energy projects across Europe. As part of the acquisition, NKT will invest in additional capacity at the existing site.