Prysmian Group

Limited Notice to Proceed Received by Samsung C&T. The Award is Worth €220m (US$248.53m).

Company intends to build a new factory in Massachusetts to further expand local footprint and customer proximity.

First lot of 550 km of cables produced and delivered, innovative 525 kV cables allows lower environmental impact.

The group is working towards support the development of next generation power transmission and distribution grids for the energy transition in North America.

This new application process of the E3X technology will increase capacity for utilities on in-service overhead power lines and enable more power, including from sustainable sources...

Cable production for the project is expected to start in 2023.