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Friday, February 7, 2025

Prysmian, Amprion Ink €5B Deal for BalWin Grid Connection Programs






Prysmian has finalized three contracts, price roughly €5 billion in complete, with Amprion for BalWin1 and BalWin2 offshore grid connection methods, in addition to the underground cable mission DC34. 

The contracts comply with the choice of the corporate as most popular bidder in August.

This deal is the most important in worth ever awarded to Prysmian and consists of roughly 4,400 km of HVDC and DMR cables, of which round 3,400 km are land cables and 1,000 km are submarine cables.

“The three contracts with Amprion are an vital milestone for Prysmian as they underline as soon as once more the trusting cooperation between the 2 firms,” says Hakan Ozmen, EVP for Prysmian’s Transmission Division. “We’re glad to actively contribute as a dependable associate to the power transition.”

The three tasks are set to assist the transmission of power generated within the North Sea to shoppers within the Western and Southern areas of Germany, with BalWin1 and BalWin2 transmitting as much as 2 GW of offshore power every. DC34, as a part of the Rhein-Foremost-Hyperlink, will join the substation in Decrease Saxony to a second substation within the federal state of Hesse to transmit as much as 2 GW of wind power to shoppers within the Rhine-Foremost metropolitan space.








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