Nexans: A world-first in France at Montparnasse train station

Together with its partners, Nexans, a pure electrification player, won a project from Bpifrance (French Public Investment Bank) under the “Investissements d’Avenir” (Investments for the Future) initiative coordinated by SNCF Réseau for the installation of two superconducting DC cables near Montparnasse station in Paris. This is the first time that cables of this type will be integrated into a rail network and is set to be the first permanent installation in France on any network. With their revolutionary technology, these power cables will help secure the network at a time when rail traffic is constantly growing in mega-cities.

Built in 1840 in Paris, Montparnasse is France’s fourth-largest train station, with more than 50 million passengers annually and more than 90 million expected in 2030. SNCF Réseau will thus need more power to run an ever-increasing number of trains. And superconductor cable technology will help provide the increased electrical power required to meet the needs of this growing rail traffic.

JPMorgan European Discovery Trust plc (LON:JEDT) is an investment trust company. The Investment Trust JEDT objective is to achieve capital growth from a portfolio of quoted smaller companies in Europe, excluding the United Kingdom.

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