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Prysmian M&A Activity 2019
4170_tar_2019-11-23_32503787-e057-4eeb-ab44-584ca0919df1.pdf
M&A Activity
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| Informazione Regolamentata n. 0902-66-2019 |
Data/Ora Ricezione 23 Novembre 2019 10:48:32 |
MTA | ||
|---|---|---|---|---|
| Societa' | : | PRYSMIAN | ||
| Identificativo Informazione Regolamentata |
: | 125098 | ||
| Nome utilizzatore | : | PRYSMIANN03 - Bifulco | ||
| Tipologia | : | 2.2 | ||
| Data/Ora Ricezione | : | 23 Novembre 2019 10:48:32 | ||
| Data/Ora Inizio Diffusione presunta |
: | 23 Novembre 2019 10:48:33 | ||
| Oggetto | : | TAKING OVER OF WESTERN LINK PROJECT |
PRYSMIAN S.p.A.: ANNOUNCES THE | |
| Testo del comunicato |
Vedi allegato.
PRESS RELEASE
PRYSMIAN ANNOUNCES THE TAKING OVER OF WESTERN LINK PROJECT
Milan, 23 November 2019 - Prysmian Group, world leader in the energy and telecom cable systems industry, announces that the Western Link is taken over by the Client (National Grid Electricity Transmission and ScottishPower Transmission).
The Western Link project is a submarine High Voltage Direct Current (HVDC) link between Scotland and England and Wales which operates at the record voltage level of 600 kV, the highest ever reached by an insulated cable (to date the record is 500 kV) delivering up to 2,250MW.
The whole turnkey project has been executed by a consortium of Prysmian, responsible for design, manufacture, installation, testing and commissioning for cables, and Siemens, responsible for the HVDC converter stations.
Prysmian Group
Prysmian Group is world leader in the energy and telecom cable systems industry. With almost 140 years of experience, sales of over €11 billion, about 29,000 employees in over 50 countries and 112 plants, the Group is strongly positioned in high-tech markets and offers the widest possible range of products, services, technologies and know-how. It operates in the businesses of underground and submarine cables and systems for power transmission and distribution, of special cables for applications in many different industries and of medium and low voltage cables for the construction and infrastructure sectors. For the telecommunications industry, the Group manufactures cables and accessories for voice, video and data transmission, offering a comprehensive range of optical fibres, optical and copper cables and connectivity systems. Prysmian is a public company, listed on the Italian Stock Exchange in the FTSE MIB index.
Lorenzo Caruso Cristina Bifulco Corporate and Business Communications Director Investor Relations Director Ph. 0039 02 6449.1 Ph. 0039 02 6449.1 [email protected] [email protected]
Media Relations Investor Relations