Prysmian, orders worth 1.8 billion euros for offshore wind farms in the Netherlands

Prysmian orders worth 18 billion euros for offshore wind farms

(Tiper Stock Exchange) – Prysmiana company listed on Euronext Milan and active in the sector of cable systems for energy and telecommunications, was awarded two shop assistants of the total value of approximately 1.8 billion euros assigned by Dutch transmission system operator TenneT for two electricity grid connection projects, IJmuiden Ver Alpha and Nederwiek 1, which will connect the two future offshore wind farms located in the Dutch part of the North Sea to the province of Zeeland, located in the south-western part of the Netherlands.

These orders go to increase the total value of the order book of Prysmian bringing it to approx 8.5 billion euros.

Prysmian Group will be responsible for the design, engineering, production, installation, testing and commissioning of two cable systems. THE submarine cables will be produced in the centers of Pikkala (Finland) and Arco Felice (Italy), while i terrestrial cables will be made in Gron (France). The laying operations at sea will be carried out with cable-laying vessels owned by the group, in collaboration with the group DEME.

“We are proud to participate in this strategic project which confirms Prysmian’s role as reliable partner in support of Dutch Routekaart 2030 plans to reduce greenhouse gas emissions and achieve the nation’s carbon neutrality goals,” he said Hakan Ozmen, EVP Projects BU of Prysmian Group.

“This innovative 525 kV high voltage direct current (HVDC) technology of ours underlines Prysmian’s ongoing commitment to the energy transition and allows our customers to further reduce the cost of offshore windminimizing its environmental impact,” he added.

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