Prysmian secures €27 million project

This contract further enhances prysmian’s leading position in the offshore renewable energy market, being involved in major projects such as Greater Gabbard, Thanet, Gunfleet, Alpha Ventus.

Prysmian has been awarded a major project by Ormonde Energy Ltd (a Vattenfall AB owned company) for the development of submarine power cable connections for the new Ormonde Wind Farm project. The contract amounts to €27 million with the delivery of cables expected during 2010.

The Ormonde Wind Farm is located approximately 10km West of Walney Island, Barrow-in-Furness, in the Irish Sea, and it is rated at 150MW. In particular, Prysmian is involved in the design and supply of 33kV inter-array cable to connect the 30 turbines making up the wind farm and the 132kV export cable to connect the project to the mainland grid. The cables will be manufactured at the Prysmian submarine cables factory based in Arco Felice, Italy.

“This new contract shows that the investments in offshore wind continue and that Prysmian’s experience in the rapidly expanding Renewable Energy sector put us in a good position to expand further our order portfolio in the future”, said Hans Nieman, Chief Executive Officer of Prysmian PowerLink, the HV and Submarine arm of the Prysmian Group.

Thanks to this new agreement, Prysmian further increases its leading position in the supply of submarine cables for the offshore renewables market. Currently the Group is involved in other major offshore wind projects such as the Greater Gabbard (UK), which when completed in 2010 will be the world’s largest offshore facility; the Thanet wind park in the North Sea; the Alpha Ventus offshore wind farm in Germany; and the Gunfleet Sands offshore wind farm in the UK.