Prysmian indicators a contract value round €1.9 billion with Japanese Inexperienced Hyperlink 2 Restricted.

Milan, February 27, 2024 – Prysmian, world chief within the vitality and telecom cable techniques trade, has finalized the contract value within the area of €1.9 billion by Japanese Inexperienced Hyperlink 2 Restricted, a three way partnership between SSEN Transmission and Nationwide Grid Electrical energy Transmission plc, the UK electrical energy transmission community house owners. Underneath the contact, Prysmian will ship a significant HVDC cable system for the Japanese Inexperienced Hyperlink 2 (EGL2) community growth challenge that shall join Scotland and England.

“We’re very proud to have the chance to play our position within the growth of such a strategic infrastructure for UK, by making obtainable our state-of-the-art cable expertise” commented Hakan Ozmen, EVP Transmission BU, Prysmian. “As soon as accomplished, {the electrical} ‘superhighway’ cable hyperlink will unlock the wealthy renewable vitality capability of Scotland and considerably improve the UK’s capability to ship clear vitality for round two million properties within the UK”

The award of the EGL2 contract, which may now be added to the Prysmian order backlog, follows the sooner collection of Prysmian because the unique most well-liked bidder in Could 2023 and a subsequent dedication made in June 2023 to guarantee Prysmian’s continued capability availability for the challenge. The brand new connection is because of be operational in 2029.

The EGL2 connection will type a significant electrical energy transmission hyperlink between Scotland and England and is one of many first cable techniques contracted within the UK that can make the most of 525 kV HVDC (Excessive Voltage Direct Present) expertise with extruded XLPE insulation. With an influence transmission capability of 2 GW, Prysmian will design, manufacture, set up, check and fee the required HVDC cable system. 

For extra particulars: please discuss with earlier press releases issued in Could & June 2023.