
CORRECTION -- Sumitomo Electric Selects Kinectrics to Complete Commissioning Testing for the A-Nord HVDC Underground Power Transmission Project
26.9.2025 19:50:56 CEST | GlobeNewswire by notified | Press release
OSAKA, Japan, Sept. 26, 2025 (GLOBE NEWSWIRE) -- In a press release issued under the same headline on September 23, 2025, by Kinectrics Inc, please note that the project completion year is 2027, not 2030, and a Forward-Looking Statements section has been added to the release. The corrected version follows:
Kinectrics, a division of BWX Technologies Inc. (NYSE: BWXT), has been awarded a multi-year contract by Sumitomo Electric Industries (SEI) Ltd., to provide comprehensive commissioning testing services for the A-Nord German Corridor project. This project is jointly being developed by the German Transmission Service Operator (TSO), Amprion.
This large infrastructure project is focused on building a 525kV DC underground cable system capable of transmitting clean energy from the North Sea to the North Rhine-Westphalia region. The A-Nord project is expected to be completed by 2027 and will play a crucial role in integrating renewable energy sources into the German power grid aimed at reducing Germany’s CO2 emissions.
Sumitomo Electric is a key technology partner in the project and supplier for corridor A-Nord. In this role, SEI will be responsible for the design, manufacturing, logistics, installation and commissioning of approximately 300km of cable route. As part of SEI’s multi-year contract, Kinectrics will perform commissioning services for Sumitomo by conducting ACHV commissioning testing on 40km sections of the cable route using up to 14 mobile Resonant Test Systems (RTS) equipped with distributed partial discharge (PD) measurement technology to detect defects early in the installation process. As well, Kinectrics will carry out the final HVDC testing of A-Nord to verify system integrity, helping ensure the cables are fit for commercial operation.
With the largest global, independently owned fleet of High Voltage Resonant Test Sets (RTS) and decades of experience in field partial discharge measurements, Kinectrics can effectively partner with utilities, cable manufactures, installers and off- and on-shore developers as a one-stop-shop for independent, self-contained commissioning of long lengths of land and subsea export HVAC and HVDC cable systems. This includes successfully completing field testing to support commissioning and condition assessments on more than 15,000 km of solid dielectric transmission and sub-transmission class cables. Our internationally recognized team of HV cables & test experts can be relied upon to ensure that life-limiting defects in cable systems get detected in cable systems via field-proven test methodologies, reducing the risk of costly in-service failures.
“Kinectrics is looking forward to providing experienced HV cable commissioning testing for the A-Nord project with Sumitomo,” said David Harris, CEO of Kinectrics. “Testing at the early stages of the project reduces the risk of late-stage failures and will ensure that critical functions are validated under real-world conditions. With the expanded capacity of our RTS fleet, our team can leverage its experience operating these units, helping to meet the demands of highly complex transmission projects, as well as reduce the wait and lead times for testing.”
About Kinectrics:
Kinectrics , a division of BWX Technologies Inc. (NYSE: BWXT), is the global leader in lifecycle management services for the electricity industry. With over 1,300 experts and independent facilities, we collaborate closely with customers to ensure that utility assets perform safely, reliably and efficiently throughout their entire lifecycle.
Contact - Brandon Emrich, Phone: +1-647-501-2118, Email: Brandon.Emrich@kinectrics.com
About Sumitomo Electric:
Sumitomo Electric was established in 1897, serving society and the world for over 120 years. During the years, Sumitomo Electric has developed many new technologies and products through innovative R&D activities, providing a wide variety of products that fulfill the expectations of society, in five business fields: Automotive, Infocommunications, Electronics, Environment and Energy, and Industrial materials.
Forward-Looking Statements
BWXT cautions that this release contains forward-looking statements, including, without limitation statements relating to the performance and suitability of the independent commissioning and condition assessment services for the project. These forward-looking statements involve a number of risks and uncertainties, including, among other things, delays or difficulties in contract execution, testing effectiveness and modification or termination of Kinectrics contract. If one or more of these or other risks materialize, actual results may vary materially from those expressed. For a more complete discussion of these and other risk factors, please see BWXT’s annual report on Form 10-K for the year ended Dec. 31, 2024, and subsequent quarterly reports on Form 10-Q filed with the Securities and Exchange Commission. BWXT cautions not to place undue reliance on these forward-looking statements, which speak only as of the date of this release and undertakes no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Iveco Group signs a 150 million euro term loan facility with Cassa Depositi e Prestiti to support investments in research, development and innovation11.6.2024 12:00:00 CEST | Press release
Turin, 11th June 2024. Iveco Group N.V. (EXM: IVG), a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain and related Financial Services arenas, has successfully signed a term loan facility of 150 million euros with Cassa Depositi e Prestiti (CDP), for the creation of new projects in Italy dedicated to research, development and innovation. In detail, through the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and further develop solutions for autonomous driving, digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity. The financed investments, which will have a 5-year amortising profile, will be made by Iveco Group in Italy by the end of 2025. Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a
DSV, 1115 - SHARE BUYBACK IN DSV A/S11.6.2024 11:22:17 CEST | Press release
Company Announcement No. 1115 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. Trading dayNumber of shares bought backAverage transaction priceAmount DKKAccumulated trading for days 1-25478,1001,023.01489,100,86026:3 June 20247,0001,050.597,354,13027:4 June 20245,0001,055.705,278,50028:6 June20243,0001,096.273,288,81029:7 June 20244,0001,106.174,424,68
Landsbankinn hf.: Offering of covered bonds11.6.2024 11:16:36 CEST | Press release
Landsbankinn will offer covered bonds for sale via auction held on Thursday 13 June at 15:00. An inflation-linked series, LBANK CBI 30, will be offered for sale. In connection with the auction, a covered bond exchange offering will take place, where holders of the inflation-linked series LBANK CBI 24 can sell the covered bonds in the series against covered bonds bought in the above-mentioned auction. The clean price of the bonds is predefined at 99,594. Expected settlement date is 20 June 2024. Covered bonds issued by Landsbankinn are rated A+ with stable outlook by S&P Global Ratings. Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.
Relay42 unlocks customer intelligence with a new insights and reporting module, powered by Amazon QuickSight11.6.2024 11:00:00 CEST | Press release
AMSTERDAM, June 11, 2024 (GLOBE NEWSWIRE) -- Relay42, a leading European Customer Data Platform (CDP), is leveraging Amazon QuickSight to power its new real-time customer intelligence, reporting, and dashboard module. Harnessing the breadth and quality of customer data, the new Insights module empowers marketing teams to dive deep into customer behaviors and gain invaluable insights into the performance of their marketing programs across all online, offline, paid, and owned marketing channels. Preview of the Relay42 Insights module, in pre-beta version Key capabilities of the Relay42 Insights module include: Deep insights into customer behaviors: With the Relay42 Insights module, marketers can ask unlimited questions about their data and gain a deeper understanding of how to serve their customers more effectively. Simplicity with AI-powered querying: Marketers can use artificial intelligence to query their data using natural language search, reducing the reliance on data scientists. Us
Metasphere Labs Announces X Spaces Event on the Topic of Green Bitcoin Mining and Sound Money for Sustainability11.6.2024 10:30:00 CEST | Press release
VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., "Metasphere Labs" or the "Company") (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N) is thrilled to announce an engaging Twitter Spaces event on Green Bitcoin mining, energy markets, and sustainability on July 3, 2024 at 2 p.m. ET. Follow us on X at MetasphereLabs for updates and to join the event. What We'll Discuss Bitcoin Mining Basics: Understand the fundamentals of Bitcoin mining.Energy Market Dynamics: Explore how Bitcoin mining interacts with energy markets.Sustainable Innovations: Learn about our efforts to promote sustainability in Bitcoin mining.Sound Money: Discover how tamper-proof currency can enhance stability.Efficient Payment Rails: See how fast, neutral payment systems support humanitarian projects.Carbon Footprint: Compare Bitcoin's environmental impact with traditional banking. "We're excited to host this event and dive into the critical topics of Bitcoin