Press Release
19 June 2026

At an event in New York, NKT celebrated the official inauguration of the 400 kV HVDC interconnector Champlain Hudson Power Express with its customers Transmission Developers (TDI) and Hydro-Qué bec. The transmission line spans more than 600 km (372 miles) from Québec, Canada, to the heart of New York City. It represents a major step in transforming the city's energy system capable of supplying enough Canadian hydropower to cover up to 20% of electricity demand - equivalent to power for approximately one million households.

"You cannot build a world-class transmission line that transforms the lives of millions of New Yorkers without world-class cable. NKT's partnership on CHPE, from the early days of development through testing and commissioning, was critical to the success of CHPE. On behalf of the entire TDI team, I want to thank NKT for its contributions to this landmark moment for New York City," says Justin Sauber, CEO of TDI.

Awarded in 2022, the turnkey project has been executed by NKT and has comprised engineering, manufacturing as well as installation of the 400 kV HVDC power cable system. The transmission line reached commercial operation in May, ahead of schedule.
 
"The inauguration of the Champlain Hudson Power Express is a tremendous milestone for NKT and the transition to renewable energy in New York City. It reflects the value of strong collaboration and long-term partnerships, and it has been a privilege to work with TDI, Hydro-Québec and our partners to realise this important project contributing to the energy transition in the United States," says Claes Westerlind, President and CEO of NKT.

The Champlain Hudson Power Express is now capable of transmitting up to 1,250 megawatts of renewable hydropower from Canada to New York City as a substantial contribution to the city's energy transition.

The project has involved extensive manufacturing as well as large-scale onshore and offshore installation works across multiple environments, including Lake Champlain and the Hudson and Harlem rivers.

NKT has previously completed the grid connection on the Canadian side of the border, enabling a fully integrated transmission link to New York City. The commissioning follows years of planning, development and installation, and was marked at the official inauguration event held in New York City on 16 June 2026.

About NKT
NKT connects a greener world with high-quality power cable technology and plays a key role as the world moves towards clean energy. NKT designs, manufactures and installs low-, medium- and high-voltage power cable solutions enabling reliable transmission of energy. Since 1891, NKT has innovated the power cable technology, building the infrastructure from the first light bulbs to the megawatts created by renewable energy today. NKT is headquartered in Denmark, operates from more than 30 locations worldwide, and employs 6,500 people globally. NKT is listed on Nasdaq Copenhagen and realised a revenue of EUR 3.6 billion in 2025. NKT - We connect a greener world. www.NKT.com.

Contact
Pelle Fischer-Nielsen, External Communications Lead
+45 2223 5870 / pelle.fischer-nielsen@nkt.com