Italian cable group Prysmian (BIT:PRY) has landed a contract valued at more than €2.3 billion to deliver a new high-capacity electricity link between Scotland and England.
Under the agreement with SP Energy Networks and National Grid (LSE:NG.), Prysmian will work on the Eastern Green Link 4 project, which is designed to strengthen connections between the two national power systems.
The scheme aims to enhance the resilience and flexibility of the UK’s electricity network by improving the flow of power between Scotland and England, supporting the integration of renewable energy.
For Prysmian, the contract marks a substantial win in the energy infrastructure space, reinforcing its role as a key supplier of advanced power and telecom cable solutions.
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