READY TO SUPPORT NEW ROUND OF OFFSHORE WIND PROJECTS WITH INVESTMENTS, LONG TERM COMMITMENT AND ENHANCED TURN-KEY CAPABILITY.
Milan, June 11, 2013 – Prysmian Group, world leader in the energy and telecom cables and systems
(booth 47) with its state-of-the-art range of products and services for the offshore wind power
industry. The range on display will include AC and DC high power transmission capacity submarine
cable systems used in all major interconnections worldwide.
Present in the country for about a century, Prysmian Group has a strong and long term commitment
to keep on growing in the UK. "This year we are investing across all our four manufacturing sites",
stated Paul Atkinson, CEO of Prysmian Group in the UK, during the visit paid by UK Prime Minister
David Cameron in February 2013 on the occasion of the opening of the new High Voltage testing
laboratory at Prysmian Group's Bishopstoke manufacturing plant. In January 2013 the Group has
also been conferred the prestigious Investor of the Year award, made by the British Government and
UK Trade & Investment to prominent companies for investment and strategic projects in Great
Long term growth perspectives in the offshore wind energy industry in UK - projections see a total of
around 8 GW of capacity installed by 2016 and around 18 GW installed by 2020 – have led Prysmian
Group to further strengthen its offer for this strategic and added-value sector with the recent
integration of PPLS (Prysmian Powerlink Services Ltd). "We are ready to face the challenges of the
newly approved round of Offshore Wind Projects with turn-key full range capacity, including
enhanced installation services" says Marcello Del Brenna, CEO of Prysmian Powerlink.
As far as the offshore wind market is concerned, Prysmian has already completed several offshore
wind farm grid connection projects in British waters, such as Ormonde, Walney, Greater Gabbard,
Robin Rigg, Thanet, Gunfleet Sands, Gwynt y Môr and Teesside. But the latest high-profile
development that better represents the key role played by the Group in the offshore power industry
is the Western HVDC Link submarine interconnection, a milestone project that will enable power
transmission from renewable sources in Scotland to consumption centers in England, operating at
the record voltage level of 600 kV, the highest rate ever reached.
To further highlight the ever-increasing commitment in the renewable energy sector, it's worth
mentioning that Prysmian Group is an active part of "Friends of the Supergrid", an organization
aimed at promoting and supporting the development of a pan-European offshore electrical supergrid
for the utilization of power coming from renewable sources. The Group is also one of the founding
members of Norstec, an association supported by the UK Government, bringing together key players
in the energy sector with the goal of maximizing the benefits of the huge potential of clean energy
resources in Europe's northern seas.
Prysmian Group is world leader in the energy and telecom cables and systems industry. With over 130 years of experience,
sales of some €8 billion in 2012, about 20,000 employees across 50 countries and 91 plants, the Group is strongly
positioned in high-tech markets and offers the widest range of products, services, technologies and know-how. In the
Energy sector, Prysmian Group operates in the business of underground and submarine power transmission cables and
systems, special cables for applications in many different industrial sectors and medium and low voltage cables for the
construction and infrastructure industry. In the Telecom sector, the Group manufactures cables and accessories for the
voice, video and data transmission industry, offering a complete range of optical fibres, optical and copper cables and
connectivity systems. Prysmian is a public company, listed on the Milan Stock Exchange in the FTSE MIB index.