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CommScope announced plans to acquire ARRIS International, a global entertainment and communications solutions provider, for $7.4 billion in what would be its largest-ever acquisition.

A press release said that once the deal is completed, “the newly combined company is expected to generate profitable growth in new markets and lead the way in wired and wireless communications.” As well as position the company to benefit from industry trends like network convergence, fibre, mobility, 5G, internet of things and the ever changing network and technology architectures.

“After a comprehensive evaluation of our business and the evolving industry we operate in, we are confident that combining with ARRIS is the best path forward for CommScope to grow and provide the greatest returns for shareholders,” said CommScope President and CEO Eddie Edwards. “CommScope and ARRIS will bring together a unique set of complementary assets and capabilities that enable end-to-end wired and wireless communications infrastructure solutions that neither company could otherwise achieve on its own. With ARRIS, we will access new and growing markets, and have greater technology, solutions and employee talent that will provide additional value and benefit to our customers and partners.”

The release said that the deal will enable the combined companies to be well positioned to capitalize on industry trends, unlock high-growth segments and increase their product-addressable market, increase product offerings and R&D capabilities, and strengthen their financial profile. “CommScope is an ideal partner for ARRIS,” said ARRIS CEO Bruce McClelland. “With CommScope, we expect to further advance ARRIS’ strategy to drive innovation across our iconic brands and pioneer the standards and pathways for tomorrow’s personalized, connected always-on consumer experience.”

In addition to the ARRIS acquisition, the Carlyle Group, a global asset manager, has re-established its ownership position in CommScope through a $1 billion minority equity investment as part of CommScope’s financing of the ARRIS deal. Of note, CommScope was spun off from General Instrument in 1997, the company to which Arris can trace back the heritage of the set-top box side of the business.

Last modified on December 3, 2018

AMSC’s former largest customer, China’s Sinovel Wind Group Co. Ltd. (Sinovel) has agreed to pay it $57.5 million in two installments to settle a dispute over stealing its technology. It was also fined $1.5 million by a federal judge on July 9, concluding a key stage in a long-fought case of IT theft that stems back as far as 2011.

U.S.-based AMSC reports that it has entered into an agreement with ComEd, which delivers electricity to more than four million customers in northern Illinois, to deploy its high-temperature superconductor technology for use in an upgrade to its electric grid in Chicago.

A press release said that the project is funded, in part, by the Department of Homeland Security (DHS) Science and Technology Directorate initiative to secure the nation’s electric grid against extreme weather or other catastrophic events. It is structured as a cost-sharing arrangement among AMSC, ComEd and DHS. The agreement, which includes commercial terms and is subject to DHS approval, will mark the first installation of AMSC’s Resilient Electric Grid (REG) system in Chicago, and it is expected to become a permanent part of Chicago’s power grid.

The REG system uses AMSC’s high temperature superconductor technology and, under the terms of the agreement between AMSC and ComEd, will link existing electric power infrastructure within the city, the release said. The key component is AMSC’s Amperium® wire, which it noted combines with other sub-system design elements to increase the reliability, redundancy, and resiliency of urban power grids, greatly reducing the impact of equipment failure due to aging, cyber threats, physical disasters, or weather-related events.

Last modified on December 3, 2018

The Prysmian Group has won a contract from utility SP Power Assets Limited, worth an estimated €33 million, for the design, supply, installation and commissioning of two high-voltage power cable systems to connect the Rangoon and Paya Lebar substations in Singapore.

A press release said that the power transmission system will require 44 km of HVAC (High Voltage Alternating Current) underground 2000 sq-mm 230 kV cables with a seamless corrugated aluminum sheath and related high-voltage accessories. Cable and accessories will be supplied by the Chinese subsidiary through its recently opened state-of-the-art factory which offers the APAC utilities market a wide range of high and extra high voltage cable technologies, as well as medium voltage solutions and fire protection cables.

The EPCI type contract will highlight the Group ability to provide a comprehensive package of services and to deliver a complete cable system solution including installation in a 50-m deep tunnel in water-cooled troughs and supply of auxiliary cables (telephone and LV cables), fiber optic cable and DTS (Distributed Temperature Sensor) for distributed temperature sensing of power cables. Delivery and commissioning of this project is scheduled for 2020.

“This is a strategic project for Prysmian, marking the Group’s involvement for the first time in many years in a project of this size in the APAC region, which also involves the supply of locally manufactured products and solutions. We have secured this EHV project in Singapore thanks to our extensive knowledge, our high-performance cable solutions and our new cable factory in China, reflecting SP Power Assets Limited’s confidence in Prysmian capabilities in the ASEAN region,” said Hakan Ozmen, EVP Projects, Prysmian Group.

“We are proud to be contributing to this important project. This collaboration demonstrates once more the extremely high quality and state-of-the-art technology of our products and underground cable system solutions,”  said Federico Corbellini, ASEAN high-voltage business director.  

Last modified on January 14, 2019

U.K.-based JDR Cable Systems (JDR) reports that it has  won a multi-million pound contract to supply inter-array cables and termination work for Ørsted’s record-breaking, 1.4 GW offshore wind farm, Hornsea Project Two.

A press release said that, when operational in 2022, the wind farm will supply electricity to over 1.3 million homes, and surpass its sister project Hornsea One, as the world’s largest offshore wind farm. The contract calls for JDR, part of Poland’s TFKable Group, to supply 100 km of inter-array cables that will be assembled in JDR’s Hartlepool facility. The inter-array cables link the wind farm turbines together, and carry the power to an offshore substation, which converts it to a higher voltage for transmission to shore.

The project, the release said, is Ørsted’s first in the U.K. to use 66 kV for its array cables, having used 33kV for previous projects. Using cables with a higher voltage helps to reduce electrical losses during transmission.

“This contract builds on experience from previous projects including Race Bank offshore wind farm, which we opened earlier this year, and Hornsea Project One, currently in construction,” said Patrick Harnett, the procurement and construction director for the project. “As our wind farm projects have grown in size, and distance from shore, so too have the contracts we place within the supply chain. The technology we use is also changing as we innovate to build these projects at massively lower cost of electricity into the U.K.’s grid.”

JDR CEO Richard Turner said that, “Hornsea Project Two ... will be built at the lowest ever price seen in the U.K.”

 

Last modified on November 19, 2018

South Korea’s SMS Group has won a contract from Pohang Iron and Steel Company (POSCO)—the fifth largest steel producer in the world and the largest in South Korea—to modernize its existing wire rod mill at its Pohang works.

A press release said that the project calls for the replacement of some equipment along the mill (existing descaler and additional one on the rolling mill), a new cropping shear, a shiftable water cooling line, pouring reel machines with walking beam conveyor, cooling fans and hoods assuring in-line treatment of coils. The plant now produces 540,000 tons per year of wire rod and bar-in-coils for automotive applications from 14 up to 42 mm, with coils up to two tons.

The project, the release said, will allow POSCO to widen coiled round products up to 55 mm, and smaller products rolled at 22 m per second. The mechanical areas will be connected with a scratch-free conveying system that, combined with the automation package supplied by SMS group, will grant POSCO a quality improvement on the rolled surface of the bars and a better coil shape and formation. Further implementations are the off-line simulation process with CCT® (Controlled Cooling Technology) and quick changing system of the water cooling line in less than five minutes to grant better plant efficiency. These features will give POSCO the possibility to better supply the automotive and special steels market.

“This latest modernization project further underlines SMS group’s upgrade expertise and its position as a leading supplier of rolling mills for quality steels in all size ranges,” the release said.

The SMS Group, a group of companies internationally active in plant construction and mechanical engineering for the steel and nonferrous metals industry, has some 14,000 employees. The sole owner of the holding company SMS GmbH is the Familie Weiss Foundation.

 

Last modified on November 19, 2018

Radix Wire has been acquired by High Road Capital, a U.S. private equity fund that has completed 44 such investments in companies based in the U.S. and Canada.

A press release said that the company, which manufactures high-temperature and fire-resistant wire and cable, will now be called Radix Wire & Cable (RWC). Founded in 1944, the company’s brands include Sil-A-Blend®, DuraBlend®, DuraFlex® and the first 550°C UL-listed wire.

South Korea’s LS Cable & System (LSCS) reports that it will join a project in Oman being financed by the Asian Infrastructure Investment Bank (AIIB).

A press release said that the project, to build a broadband communications network in Oman, is led by its government and state-run mobile operator Oman BroadBand. This marks the first time that the broadband project is being carried out at a national level.
The release said that by 2021, the first stage of the project, worth approximately $178 million, will be completed in key cities, including Muscat, the capital and largest city of Oman. By 2030, the network will be expanded to other cities in the second stage of the project.

Per an AIIB report, the project will roll out a fiber optic network to more than 400,000 homes/premises by the end of 2021. The first phase calls for some 4,100 km of fiber optic cables and some 9,500 km of drop cables. When completed, 80% of Muscat will be fiber-ready for connection with the gigabit-capable optical networks. “The project will improve Oman’s infrastructure in the information and communication technology sector, thereby increasing the attractiveness of Oman as a destination for manufacturing business and strategic logistics services,” it said.

LSCS will lead the design of the communications network, the engineering and supplying fiber optic cables, the release said. It noted that LCSC has carried out large projects near Qatar in the Middle East, with support from related organizations, including bodies such as KOTRA, a South Korean trade organization, and the Korea Information & Communication Contractors Association.

Last modified on November 7, 2018

Radix Wire has been acquired by High Road Capital, a U.S. private equity fund that has completed 44 such investments in companies based in the U.S. and Canada.

A press release said that the company, which manufactures high-temperature and fire-resistant wire and cable, will now be called Radix Wire & Cable (RWC). Founded in 1944, the company’s brands include Sil-A-Blend®, DuraBlend®, DuraFlex® and the first 550°C UL-listed wire.

Per the RWC website, it uses cell manufacturing to focus complete production responsibility with specific production teams. Its wire and cable products are used for OEM, maintenance, repair and operations, and fire protection applications, with products proven to perform in temperatures ranging from 150°C to 1000°C.

The release did not cite the selling price, but it did note that High Road Capital typically backs companies with revenues between $10 million and $100 million. “Radix is well positioned for continued growth, and we look forward to supporting the company’s strong management team to execute on those growth strategies,” said Ben Schnakenberg, a partner with High Road Capital.

The release said that Radix President Steve Demko, who along with other members of the management team invested in the transaction, will continue to lead the company. It added that High Road’s investment will allow Radix to expand its product offering and add manufacturing capacity.

Last modified on November 6, 2018

A Bahrain project calls for a submarine power cable from its mainland to connect to the Hawar Islands, which are an archipelago of desert islands situated off the west coast of Qatar in the Gulf of Bahrain of the Persian Gulf.

Per media reports, the 25-km power cable will run from Al Bar, the southernmost tip on the island of Bahrain, to north-western Hawar. The goal is to see Hawar get a permanent electricity grid rather than depend on temporary power generators.
Per an on-line posting by Khalid bin Abdullah Al Khalifa, a Bahraini deputy prime minister who heads the Ministerial Committee for Reconstruction and Infrastructure Work, the project is scheduled to start in the first half of next year and be completed in the last quarter of 2020. The Electricity and Water Authority has submitted a proposal about the route for the cable.

Bahrain said it was planning to develop sections of Hawar Island, in line with Bahrain’s National Economic Strategy for 2030. The electricity supply needs to be upgraded in order to sustain the development and to meet demands. The project is being funded by the Saudi Fund for Development.

Last modified on November 1, 2018

Germany’s Leoni and Diehl have agreed to a strategic partnership covering battery systems for electric and hybrid vehicles.

Leoni is a global provider of energy and data management solutions in the automotive sector and other industries. Diehl is a significant partner to the automotive industry with its innovative solutions for hybrid and electric vehicles. The two companies will in future be working together on energy and data transmission as well as heat management across the entire value creation process. The partnership’s aim is to build on the skills of the two companies and to offer customers system solutions for electromobility from a single source.
Compared with the automotive business as a whole, the market for electrically powered vehicles promises disproportionately strong growth rates averaging more than 30% a year globally through to 2025. Instead of individual components, the carmakers are furthermore increasingly calling for all-in solutions and systems. Leoni and Diehl will be addressing both trends by working together.

“We are confident that we will be offering our customers new, attractive solutions in the growing market for alternative drive systems,” said Martin Stüttem, a member of Leoni AG’s Board of Directors with responsibility for the Wiring Systems Division.
In October, Leoni showcased technologies for autonomous driving at the International Suppliers Fair, where it focused on connectivity, not just for a car, but between vehicles themselves as well as to their surroundings. That requires high rates of data transmission, for which Leoni’s Dacar Ethernet cables offer bidirectional transfer of 100 Mbps and 1 Gbps (Ethernet standard).


Leoni has developed an Ethernet cable design with optimized materials to achieve high conductor symmetry even when exposed to vibration, humidity or dirt. Interference from the outside or mutual impairment of cables running next to each other can thereby be reduced.

Last modified on November 1, 2018

Oman Cables announced that earlier this year, it signed a deal with the Nama Group to supply its group members across the Sultanate of Oman.

A press release said that Oman Cables, which has long been a supporter of the Nama Group, will supply electrical utilities a mix of 11-33 Kv electrical cables. The deal was one of three signed by the Group at the 2018 Energy and Water Conference that were said to have a collective value of approximately $106 million.

The contracts run for a period of three years, with the opportunity for a further two-year renewal. "For Oman Cables this represents an ongoing commitment to the local market in Oman and signifies clearly the competitiveness on a global scale of locally based industries."

Nama Group Chairman Hassan bin Mohammed al Lawatiaid said that the deal includes nine group companies that can purchase cables to meet their needs.

Last modified on October 30, 2018

Hellenic Cables and its marine contractor partner, Van Oord, have been awarded a contract from TenneT to supply and install sea and land cables for the Hollandse Kust (South) Alpha wind farm project.

A press release from Hellenic Cables said that the 700 MW grid connection project—which will transmit offshore wind energy to electricity users in the Netherlands—includes the design, manufacture of 220 kV cables, the cable-laying operation and connecting the wind farm to the Maasvlakte high-voltage station. The 42-km connection will run from the offshore Alpha substation to the onshore station located at the Maasvlakte 2 area, Rotterdam.

The two companies have also been chosen to deliver and install cables for the Hollandse Kust (South) Beta project. This calls for making and laying 66 kV marine cable between the Alpha and Beta platforms. The Hollandse Kust (South) Alpha grid connection is due to be ready by 2021, and the Beta in 2022. Hellenic Cables’ value of the assignments for both Hollandse Kust (South) Alpha and Beta projects is approximately €105 million.

"With this new tender for the offshore grid, we are again, according to the Energy Agreement, taking an important next step towards more sustainable electricity production at sea," said TenneTT CEO Manon van Beek.

Last modified on October 30, 2018

NKT announced that the company has won a project to install 200 km of 80 kV high-voltage DC offshore power cables for the second phase of the Johan Sverdrup oil field development project in Norway.

A press release said that the award, worth approximately 110 million euros, is conditional upon finalization of the formal contract which is likely to take place within a few weeks. The cable system, which will offer a +/-80 kV HVDC solution, is expected to be ready for use in late 2019.

The cable will transmit power from the Norwegian power grid to the offshore oil field, the release said, adding that power from shore to the oil platform is an environmentally sustainable solution, significantly reducing carbon emissions from oil and gas production. Johan Sverdrup was described as among the five biggest oil fields on the Norwegian Continental Shelf.

“I am very pleased that we continue working with our long-term customer Equinor Energy AS,” said NKT President and CEO Michael Hedegaard Lyng. “I see the letter of award as proof of our premium DC technology capabilities and of our ability to provide turnkey solutions with NKT Victoria as a differentiator.” He added that the award further bolsters the company’s “leading market position in the oil and gas segment, which along with offshore wind and interconnectors represents good growth opportunities for NKT.”

Earlier in 2018, NKT completed supply and installation of the high-voltage DC offshore power cable solution for the first phase of the Johan Sverdrup development project. Installation was conducted by the NKT Victoria, operating at 600 meters depth, which marks one of the deepest installations of bundled high-voltage DC cables in the world. The Johan Sverdrup 1 solution from NKT now constitutes the world’s longest extruded offshore cable to an offshore oil and gas platform facility.

Last modified on October 23, 2018

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