2024-09-16
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Newsarchive - Prysmian

Prysmian Signs €600 Million Contract for Marinus Link in Australia

Prysmian Signs €600 Million Contract for Marinus Link in Australia
08/02/2024

The Award Follows the Capacity Reservation Agreement Announced in September 2023 - Prysmian and Marinus Link Pty Ltd. have finalised an around €600 million contract for a new power interconnector between Victoria and Tasmania, Australia. The commencement of the works is subject to the issuance of a notice to proceed, which is expected by August 2025.

EIB provides €450 million to Prysmian to promote European energy transition

EIB provides €450 million to Prysmian to promote European energy transition
07/24/2024

Operations will take place in Finland, Italy and France · The new funds will go towards manufacturing extra-high-voltage submarine power cables and high-voltage onshore cables, and other upgrades to existing cables · The project supports the objectives of REPowerEU, for which the EIB has earmarked additional financing of €45 billion by 2027.

Prysmian completes the Encore Wire acquisition

Prysmian completes the Encore Wire acquisition

07/02/2024

Prysmian accelerates on sustainability

Prysmian accelerates on sustainability
06/28/2024

Prysmian has marked its annual “Sustainability and Innovation Days” event by announcing the acceleration of some key sustainability initiatives, as well as updates to medium term targets in its Sustainability Plan.

Prysmian successfully completes Gruissan/Eolmed floating offshore wind farm export cable in France

Prysmian successfully completes Gruissan/Eolmed floating offshore wind farm export cable in France

05/30/2024

Strong commitment to project execution in support of the decarbonisation

Prysmian and Aurubis enter into long-term supply contract for copper wire rod

Prysmian and Aurubis enter into long-term supply contract for copper wire rod

04/24/2024

The contract will secure strategically important copper raw materials in the long term with the high*est environmental standards

Massimo Battaini is Prysmian's new CEO and General Manager

Massimo Battaini is Prysmian's new CEO and General Manager

04/22/2024

The Group presents its new organisation aimed at effectively responding to industry trends

Prysmian joins the FMP Alliance to accelerate adoption of fault-managed power technology

Prysmian joins the FMP Alliance to accelerate adoption of fault-managed power technology

04/10/2024

Prysmian's Sirocco cables expected lifetime greater than 50 years

Prysmian's Sirocco cables expected lifetime greater than 50 years
03/19/2024

Prysmian, leader in the energy transition and digital transformation, announces results of new and rigorous long-term ageing testing on the Sirocco family of cables, proving expected lifetime of more than 50 years, allowing operators to calculate the life cycle analysis of their networks over an extended period.

Outstanding results: Sound margins expansion & strong cash generation.

Outstanding results: Sound margins expansion & strong cash generation.

02/29/2024

Well on track to deliver on mid-term targets, in line with the “Connect, to lead” strategy

Prysmian signs a contract worth around €1.9 billion with Eastern Green Link 2 Limited.

Prysmian signs a contract worth around €1.9 billion with Eastern Green Link 2 Limited.
02/27/2024

Effective immediately, the contract is now added to the Prysmian order backlog. The award follows earlier Prysmian selection as preferred bidder and commitment to assure the required capacity.

Prysmian unveils new global brand to support its commitment to lead the energy transition and digital transformation challenges.

Prysmian unveils new global brand to support its commitment to lead the energy transition and digital transformation challenges.
02/22/2024

– Prysmian, leader in the energy transition and digital transformation, launches today, in collaboration with Interbrand — a leading brand consultancy for nearly 50 years — the group's new brand: a new crucial asset that aims to support and amplify Prysmian’s new business strategy.

Prysmian signs contracts worth in aggregate around €5 billion with Amprion

Prysmian signs contracts worth in aggregate around €5 billion with Amprion
02/15/2024

The package deal is the largest ever in value for Prysmian; the contracts, effective immediately, are now added to Prysmian’s order backlog and cover cable capacities for DC34 and offshore grid connection systems BALWIN1, BALWIN2.

PRYSMIAN ANNOUNCES ITS NEW ORGANIZATIONAL STRUCTURE TO BOOST GROWT

PRYSMIAN ANNOUNCES ITS NEW ORGANIZATIONAL STRUCTURE TO BOOST GROWT

12/19/2023

CUSTOMER FOCUS, TALENT DEVELOPMENT AND MANAGEMENT CONTINUITY AT THE CORE OF THE NEW STRUCTURE

Prysmian: contract worth over €100 M signed with Petrobras to provide

12/08/2023

The Group confirms its leadership as a supplier of advanced offshore technologies for a digital, remote and electrified global transformation.

Prysmian to Deliver the First 525 kV HVDC XLPE Submarine Cable System in the UK

Prysmian to Deliver the First 525 kV HVDC XLPE Submarine Cable System in the UK
12/01/2023

Following the selection as preferred bidder and the commitment to assure the required capacity, Prysmian signs now a major contract worth around €850 million with Eastern Green Link 1 Limited

Strong results driven by energy transition and electrification

Strong results driven by energy transition and electrification

11/09/2023

Full year 2023 guidance confirmed

Prysmian signs approx. €900 million agreement for the Clean Path New York energy project in the US

Prysmian signs approx. €900 million agreement for the Clean Path New York energy project in the US
11/01/2023

Prysmian Group, world leader in the energy and telecom cable systems industry, has signed an agreement worth approximately €900 million with Clean Path New York to provide submarine and land power cable systems for one of the largest transmission infrastructure projects in the United States.

Prysmian successfully completes cabling operations for Vineyard Wind 1, the first utility-scale offshore wind farm in the US

Prysmian successfully completes cabling operations for Vineyard Wind 1, the first utility-scale offshore wind farm in the US
10/24/2023

134 km of submarine power cables installed and capable of providing clean energy to more than 400,000 homes and businesses in Massachusetts / Prysmian confirms its commitment to lead the green energy transition

Prysmian signed an agreement worth around €1.1 bn with 50Hertz for the submarine cable project NOR-11-1 and the underground cable project DC31 in Germany

Prysmian signed an agreement worth around €1.1 bn with 50Hertz for the submarine cable project NOR-11-1 and the underground cable project DC31 in Germany
10/04/2023

Prysmian confirms its strategic role as energy transition enabler and continues to strengthen its presence in the European market

Prysmian to showcase at the ACP Offshore Windpower Conference 2023: Commitment to the development of offshore wind farm industry

Prysmian to showcase at the ACP Offshore Windpower Conference 2023: Commitment to the development of offshore wind farm industry
09/27/2023

Prysmian to showcase at the ACP Offshore Windpower Conference 2023 in Boston, MA / The Group confirms its commitment to supporting the development of the US offshore wind farm industry

Prysmian Group at Connected Britain 2023

Prysmian Group at Connected Britain 2023

09/19/2023

EVP P. Vanhille: “Need for connectivity is growing. We will keep focusing in reliability, performance and sustainability of our optical fibre solutions”

Prysmian Group: €630m contract for the Adriatic Link project by Terna

Prysmian Group: €630m contract for the Adriatic Link project by Terna

09/08/2023

The Group confirms its prominent role in enabling the EU energy transition being involved in all major EU interconnection projects

Prysmian signed a capacity reservation agreement with Marinus Link Pty Ltd to reserve capability to deliver a power interconnector project in Australia

Prysmian signed a capacity reservation agreement with Marinus Link Pty Ltd to reserve capability to deliver a power interconnector project in Australia
09/05/2023

The project will support renewable energy in Tasmania and help Australia meeting its emissions reduction targets by 2050

Prysmian successfully completes the record-breaking Viking Link interconnector between the UK and Denmark, powering up to 1.4 million households

Prysmian successfully completes the record-breaking Viking Link interconnector between the UK and Denmark, powering up to 1.4 million households
09/04/2023

Around 1,400 km of Prysmian high-tech HVDC cables for the world’s longest electricity interconnector / First-ever offshore campaign for Leonardo da Vinci exceeded expectations

Prysmian selected as preferred bidder for BalWin1, BalWin2 and DC34 power transmission cable projects in Germany

Prysmian selected as preferred bidder for BalWin1, BalWin2 and DC34 power transmission cable projects in Germany
08/22/2023

Prysmian Group, world leader in the energy and telecom cable systems industry, has been selected by the TSO Amprion, one of the leading European TSOs, as preferred bidder for the two Offshore Grid Connection Systems BalWin1 and BalWin2 and the underground cable project DC34.

Prysmian Group supports parenthood: new global Parental Policy launched

08/07/2023

Minimum parental leave for mothers and primary caregivers raised from 12 to 16 weeks with a new two-week minimum parental leave for fathers and secondary caregivers / A child benefit for each child and a dedicated programme for all new mothers and primary caregivers

Prysmian Group: Revenues up +4.8% and significantly FY 2023 guidance upgrade

07/27/2023

SOLID SALES AND STRONG MARGINS IMPROVEMENT

Prysmian Group: €1,000 million credit facility renewed

07/13/2023

ESG KPIs include net zero emissions, gender diversity and sustainable supply chain

Prysmian signed a major submarine cable maintenance Service Level Agreement with TenneT

07/12/2023

The award contributes to the stability of clean energy supplies to German and Dutch households

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