PRYSMIAN SIGNS CONTRACTS
WORTH IN AGGREGATE AROUND €5 BILLION WITH AMPRION
THE
PACKAGE DEAL IS THE LARGEST EVER IN VALUE FOR PRYSMIAN
THE
CONTRACTS, EFFECTIVE IMMEDIATELY, IS NOW ADDED TO PRYSMIAN’S ORDER BACKLOG
AND COVER CABLE CAPACITIES FOR DC34 AND OFFSHORE GRID CONNECTION SYSTEMS
BALWIN1, BALWIN2
Prysmian, a leading
energy and telecom cable systems manufacturer, has finalised three contracts
worth in aggregate around €5 billion with Amprion, one of the leading
European TSOs, for two offshore grid connection systems — BalWin1 and
BalWin2 — and the underground cable project DC34. The contracts, which
is now added to Prysmian’s order backlog, follow the selection of Prysmian
as preferred bidder in August 2023.
This package deal is
the largest in value and in km of cable ever awarded to Prysmian. It includes
in aggregate approximately 4,400 km of ±525 kV HVDC cables and DMR (Dedicated
Metallic Return) cables, of which around 3,400 km are land cables and 1,000
km are submarine cables.
“The three contracts
with Amprion are an important milestone for Prysmian as they underline
once again the trusting cooperation between the two companies. We are glad
to actively contribute as a reliable partner to the energy transition “commented
Hakan Ozmen, EVP Prysmian Transmission Division.
“We have secured the
necessary cable resources for three important energy transition projects.
Contracts like the ones with Prysmian are essential in order to achieve
our offshore expansion targets. For us, this is a major step towards project
success” said Dr Hendrik Neumann, CTO of Amprion.
The three projects
are part of Germany’s overall plan to install 70 GW of offshore wind energy
by 2045 and will support the transmission of the energy generated in the
North Sea to consumers in the Western and Southern regions of the country.
BalWin1 and BalWin2
each will transmit up to 2 GW of offshore wind energy, produced in areas
9 and 10 of the German North Sea, to the grid connection points, thus supporting
the energy transition in the industrial heart of Germany. In addition,
DC34 — as part of the Rhein-Main-Link — will connect the substation in
Lower Saxony to a second substation in the federal state of Hesse to transmit
up to 2 GW of wind energy to consumers in the Rhine-Main metropolitan area.
Prysmian
Prysmian has almost
150 years of experience, sales of over €16 billion, about 30,000 employees
in over 50 countries and 108 plants. 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.
Amprion
Amprion GmbH is one
of four transmission system operators in Germany. They have an 11,000-kilometre
extra-high voltage grid transports electricity in an area from the North
Sea to the Alps. Around a third of Germany’s economic output is generated
there. They have around 2,300 employees in Dortmund and at more than 30
other sites.