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Ahead of schedule in the realisation of the Wikinger OWF

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Milan, Italy

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Prysmian ahead of schedule in the realisation of the Wikinger offshore wind farm in Germany

Cable laying phase successfully completed,highlightingPrysmians capabilities in managing turnkey inter-array contractsfor offshore wind

Milan, 02 March 2017. Prysmian Group, world leader in the energy and telecom cable systems industry, has successfully completed the laying phase for the Wikinger offshore wind farm ahead of schedule. Termination and testing works are currently in progress.

“This milestone, which is quite uncommon in the offshore wind market, highlights the Group’s capabilities in managing turnkey inter-array contracts and re-affirms the strong focus Prysmian has in the offshore wind market,” stated Massimo Battaini SVP Energy Projects. “We have been heavily investing in developing our project execution and cable installation capabilities. We can now count on new assets, such as our cable barge, Ulisse, for shallow water installation as well as new jetting and cable protection machines.”

Iberdrola Renovables Offshore Deutschland GmbH awarded Prysmian the €60 million contract in 2015 to supply and install the inter-array cables within the wind farm. Prysmian is responsible for the design, manufacture, installation, burial, termination and testing of 80 km of 33 kV submarine cables with different cross-sections to connect the 70 wind turbines and the offshore substation that form the 350 MW wind farm. Work began in 2016, when cables were produced in Prysmian’s facility in Drammen, Norway, one of the Group’s excellence centres for submarine cables.

Within its portfolio, Prysmian holds an ever-increasing track record as market leader in offshore wind power connections, such as the contract it was awarded in 2016 to provide inter-array cables for the Rentel offshore wind farm, which will supply CO2 friendly electricity to 285,000 households from the Belgian North Sea. Prysmian has also provided turnkey HVAC cable systems for various offshore wind farms in the German North Sea, such as the links between OWP Global Tech 1 and OWP Veja Mate to the BorWin2 offshore grid connection, the first such large-category system worldwide to take up commercial operation with High Voltage Direct Current (HVDC) technology, another key Prysmian milestone.



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Prysmian Group

Prysmian Group is world leader in the energy and telecom cable systems industry. With almost 140 years of experience, sales of about €7.5 billion in 2015, over 19,000 employees across 50 countries and 88 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.

Media Relations Lorenzo Caruso
Corporate and Business Communications Director
0039 02 6449.1
lorenzo.caruso@prysmiangroup.com

Investor Relations Cristina Bifulco
Investor Relations Director
0039 02 6449.1
mariacristina.bifulco@prysmiangroup.com