Power networks: Nexans reinforces its leadership position in high-voltage with the acquisition of The Valley Group

the world leader in real-time overhead transmission line monitoring systems

TVG ILLUParis, January 9, 2007 – Nexans, the worldwide leader in the cable industry, has completed the acquisition of The Valley Group, Inc (TVG), the world leader in real-time thermal rating technology for Overhead Power Transmission applications to provide reliable power line monitoring for electric utilities.

This strategic acquisition will enable Nexans to add further value for utility customers by expanding its role from supplying overhead power cables to providing power transmission solutions and optimizing their operation.

TVG, based in Connecticut, USA, has annual revenues of around 2 million USD. It was founded in 1991 to develop real-time rating equipment, software and services. The company’s key high added-value product is the CAT-1 Transmission Line Monitoring System that provides real-time monitoring of the load on overhead power lines by measuring conductor tension and local weather parameters and feeding the information back to the network operator’s SCADA* control system. The operator then uses this data to optimize the load on the overhead lines, so that they can transmit more power, while ensuring that the line sag remains well within safety limits.

TVG is a specialist in real-time thermal rating technology for overhead lines, with over 300 systems installed at 50 utilities worldwide. The rating technology can help to optimize an existing network, as well as improving the performance of new networks, by providing increases in transmission capacity of between 15 to 30 percent to avoid network congestions.

"This acquisition reinforces our leadership position in High Voltage transmission systems as TVG’s world-leading technology will enable us to deliver even greater added value for utility customers by helping them to improve the reliability and operational performance of their networks to ensure security of supply," said Pascal Portevin, Executive Vice President, Strategic Operations. "It is a strategic development that sees our role expand in scope from product supplier – in this case cables for overhead power lines – to be a provider of optimized power transmission solutions."


*Supervisory Control And Data Acquisition

联系人

Pascale Strubel Corporate Communication Department
电话 + 33 (0)1 73 23 85 28
pascale.strubel@nexans.com
Michel Gédéon 投资者关系部
Michel.Gedeon@nexans.com

关于耐克森

作为世界电缆业的领先者,耐克森公司能提供一系列先进的铜缆和光缆解决方案,专门供给基础设施、工业和建筑业三个主要市场。从通信和电网,到航空、航天、汽车、铁路、建筑、石油化工、医疗应用等行业,耐克森的电缆和系统广泛地服务于和人类生活息息相关的每一处。在全球30个国家设有工厂,业务遍及全球,共拥有21,000名员工,2006年销售额达75亿欧元。耐克森集团在巴黎股票市场上市。详细情况请访问耐克森中国网站:www.nexans.com