Delay in U.S. Offshore Wind Farm Boosts Nexans’ Focus on European Sales

Due to delays in the development of an offshore wind farm off the coast of the United States, Nexans, a leading cable manufacturer, is considering increasing its sales efforts in the European market. This decision appears to stem from a slowdown in the deployment of offshore wind projects in the United States, which is expected to continue throughout the next year. As a result, Nexans is seeking to redirect its efforts and resources toward developed renewable energy sectors in Europe, where projects are progressing more actively.

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