Nexans to deliver a new centerpiece to Geneva’s Swissgrid electrical network

Swissgrid, the national company in charge of Switzerland’s electricity transmission grid, has chosen Nexans through a bidding process for the project of burying the Very High Voltage (VHV) overhead power lines along the southern side of the Geneva-Cointrin airport. The replacement of the overhead cables with underground cables will free up large tracts of land destined for urban development of the greater Geneva area.

Nexans was chosen for this €25 million turnkey contract for its ability to produce and install very high voltage cables and offer engineering services, as well as for its experience managing complex projects.

The Swissgrid project is part of the “Axe Stratégique Réseau” development programs in the canton of Geneva and the Federal Roads Office’s “Redevelopment of the Grand-Saconnex motorway junction”. 

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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