Prysmian selected as preferred bidder for large transmission projects in Germany

Wind Industry Profile of

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.

The preferred bidder agreement provides an obligation on the parties to negotiate in good faith the outstanding items of the projects with a target to execute the final contracts by 15 January 2024. Prysmian is committed to reserve the required production and installation capacity until the aforementioned date. The contracts are valued in aggregate at around 4.5 billion Euros. The three projects are part of the Germany’s overall plan to install 70 GW of offshore wind energy by 2045 and will... ... More: Official Press Release Prysmian Group

Keywords:

Prysmian, Amprion, BalWin, Germany, power transmission, grid, connection, offshore, wind farm, TSO, North Sea, installation, cables