- En /
- It
THIS WEBSITE (AND THE INFORMATION CONTAINED HEREIN) DOES NOT CONTAIN OR CONSTITUTE AN OFFER OF SECURITIES FOR SALE, OR SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR SECURITIES, IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR ANY OTHER COUNTRIES WHERE SUCH AN OFFER OR SOLICITATION WOULD REQUIRE THE APPROVAL OF LOCAL AUTHORITIES OR OTHERWISE BE UNLAWFUL (THE “OTHER COUNTRIES”). ANY PUBLIC OFFERING WILL BE CONDUCTED IN ITALY PURSUANT TO A PROSPECTUS, DULY AUTHORIZED BY CONSOB IN ACCORDANCE WITH APPLICABLE REGULATIONS. THE SECURITIES REFERRED TO HEREIN HAVE NOT BEEN REGISTERED AND WILL NOT BE REGISTERED IN THE UNITED STATES UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR PURSUANT TO THE CORRESPONDING REGULATIONS IN FORCE IN THE OTHER COUNTRIES AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO “U. S. PERSONS” UNLESS SUCH SECURITIES ARE REGISTERED UNDER THE SECURITIES ACT, OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT IS AVAILABLE. THE COMPANY DOES NOT INTEND TO REGISTER ANY PORTION OF ANY OFFERING IN THE UNITED STATES.
ANY OFFER OF SECURITIES IN ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA (“EEA”) WHICH HAS IMPLEMENTED THE PROSPECTUS DIRECTIVE (EACH, A “RELEVANT MEMBER STATE”), WILL BE MADE ON THE BASIS OF A PROSPECTUS APPROVED BY THE COMPETENT AUTHORITY AND PUBLISHED IN ACCORDANCE WITH THE PROSPECTUS DIRECTIVE (THE “PERMITTED PUBLIC OFFER”) AND/OR PURSUANT TO AN EXEMPTION UNDER THE PROSPECTUS DIRECTIVE FROM THE REQUIREMENT TO PUBLISH A PROSPECTUS FOR OFFERS OF SECURITIES.
ACCORDINGLY, ANY PERSON MAKING OR INTENDING TO MAKE ANY OFFER OF SECURITIES IN A RELEVANT MEMBER STATE OTHER THAN THE PERMITTED PUBLIC OFFER, MAY ONLY DO SO IN CIRCUMSTANCES IN WHICH NO OBLIGATION ARISES FOR THE COMPANY OR ANY OF THE JOINT GLOBAL COORDINATORS OR ANY OF THE MANAGERS TO PUBLISH A PROSPECTUS PURSUANT TO ARTICLE 3 OF THE PROSPECTUS DIRECTIVE OR SUPPLEMENT A PROSPECTUS PURSUANT TO ARTICLE 16 OF THE PROSPECTUS DIRECTIVE, IN EACH CASE, IN RELATION TO SUCH OFFER.
THE EXPRESSION “PROSPECTUS DIRECTIVE” MEANS DIRECTIVE 2003/71/EC (THIS DIRECTIVE AND AMENDMENTS THERETO, INCLUDING DIRECTIVE 2010/73/EC, TO THE EXTENT IMPLEMENTED IN THE RELEVANT MEMBER STATE, TOGETHER WITH ANY IMPLEMENTING MEASURES IN ANY MEMBER STATE). INVESTORS SHOULD NOT SUBSCRIBE FOR ANY SECURITIES REFERRED TO IN THIS DOCUMENT EXCEPT ON THE BASIS OF INFORMATION CONTAINED IN ANY PROSPECTUS.
Confirmation that the certifying party understands and accepts the above disclaimer.
The information contained on this section is for information purposes only and are not intended for or open to access by anyone who is in or who is resident in the USA, Australia, Canada, Japan or in any of the Other Countries. I declare that I am not resident or located in United States, Australia, Canada or Japan or any Other Countries and I am not a “U.S. Person” (according to Regulation S of the Securities Act). I have read and understood the above disclaimer. I understand that it may affect my rights. I agree to be bound by its terms.
QUESTO SITO WEB (E LE INFORMAZIONI IVI CONTENUTE) NON CONTIENE NÉ COSTITUISCE UN'OFFERTA DI VENDITA DI STRUMENTI FINANZIARI O UNA SOLLECITAZIONE DI OFFERTA DI ACQUISTO O SOTTOSCRIZIONE DI STRUMENTI FINANZIARI NEGLI STATI UNITI, IN AUSTRALIA, CANADA O GIAPPONE O IN QUALSIASI ALTRO PAESE NEL QUALE L’OFFERTA O SOLLECITAZIONE DEGLI STRUMENTI FINANZIARI SAREBBERO SOGGETTE ALL’AUTORIZZAZIONE DA PARTE DI AUTORITÀ LOCALI O COMUNQUE VIETATE AI SENSI DI LEGGE (GLI “ALTRI PAESI”). QUALUNQUE OFFERTA PUBBLICA SARÀ REALIZZATA IN ITALIA SULLA BASE DI UN PROSPETTO, APPROVATO DA CONSOB IN CONFORMITÀ ALLA REGOLAMENTAZIONE APPLICABILE. GLI STRUMENTI FINANZIARI IVI INDICATI NON SONO STATI E NON SARANNO REGISTRATI AI SENSI DELLO U.S. SECURITIES ACT DEL 1933, COME SUCCESSIVAMENTE MODIFICATO (IL “SECURITIES ACT”), O AI SENSI DELLE CORRISPONDENTI NORMATIVE VIGENTI NEGLI “ALTRI PAESI” E NON POSSONO ESSERE OFFERTI O VENDUTI NEGLI STATI UNITI O A “U.S. PERSONS” SALVO CHE I TITOLI SIANO REGISTRATI AI SENSI DEL SECURITIES ACT O IN PRESENZA DI UN'ESENZIONE DALLA REGISTRAZIONE APPLICABILE AI SENSI DEL SECURITIES ACT. NON SI INTENDE EFFETTUARE ALCUNA OFFERTA AL PUBBLICO DI TALI STRUMENTI FINANZIARI NEGLI STATI UNITI.
QUALSIASI OFFERTA DI STRUMENTI FINANZIARI IN QUALSIASI STATO MEMBRO DELLO SPAZIO ECONOMICO EUROPEO (“SEE”) CHE ABBIA RECEPITO LA DIRETTIVA PROSPETTI (CIASCUNO, UN “STATO MEMBRO RILEVANTE”) SARÀ EFFETTUATA SULLA BASE DI UN PROSPETTO APPROVATO DALL’AUTORITÀ COMPETENTE E PUBBLICATO IN CONFORMITÀ A QUANTO PREVISTO DALLA DIRETTIVA PROSPETTI (L’“OFFERTA PUBBLICA CONSENTITA”) E/O AI SENSI DI UN’ESENZIONE DAL REQUISITO DI PUBBLICAZIONE DI UN PROSPETTO PER OFFERTE DI STRUMENTI FINANZIARI PREVISTA DALLA DIRETTIVA PROSPETTI.
CONSEGUENTEMENTE, CHIUNQUE EFFETTUI O INTENDA EFFETTUARE UN’OFFERTA DI STRUMENTI FINANZIARI IN UNO STATO MEMBRO RILEVANTE DIVERSA DALL’“OFFERTA PUBBLICA CONSENTITA” PUÒ FARLO ESCLUSIVAMENTE LADDOVE NON SIA PREVISTO ALCUN OBBLIGO PER LA SOCIETÀ O UNO DEI JOINT GLOBAL COORDINATOR O DEI MANAGER DI PUBBLICARE RISPETTIVAMENTE UN PROSPETTO AI SENSI DELL'ARTICOLO 3 DELLA DIRETTIVA PROSPETTO O INTEGRARE UN PROSPETTO AI SENSI DELL'ARTICOLO 16 DELLA DIRETTIVA PROSPETTO, IN RELAZIONE A TALE OFFERTA.
L'ESPRESSIONE “DIRETTIVA PROSPETTI” INDICA LA DIRETTIVA 2003/71/CE (TALE DIRETTIVA E LE RELATIVE MODIFICHE, NONCHÉ LA DIRETTIVA 2010/73/UE, NELLA MISURA IN CUI SIA RECEPITA NELLO STATO MEMBRO RILEVANTE, UNITAMENTE A QUALSIASI MISURA DI ATTUAZIONE NEL RELATIVO STATO MEMBRO). GLI INVESTITORI NON DOVREBBERO SOTTOSCRIVERE ALCUNO STRUMENTO FINANZIARIO SE NON SULLA BASE DELLE INFORMAZIONI CONTENUTE NEL RELATIVO PROSPETTO.
Conferma che il certificante comprende e accetta il disclaimer sopraesposto.
I documenti contenuti nella presente sezione hanno esclusivamente finalità informative e non sono diretti o destinati all'accesso da parte di persone che si trovano o sono residenti negli Stati Uniti, in Australia, Canada o Giappone o uno degli Altri Paesi. Dichiaro di non essere soggetto residente o trovarmi negli Stati Uniti, in Australia, Canada o Giappone o uno degli Altri Paesi e di non essere una “US person” (ai sensi della Regulation S del Securities Act). Ho letto e compreso il disclaimer sopraesposto. Comprendo che può condizionare i miei diritti. Accetto di rispettarne i vincoli.
By 2022, Germany will phase out its 17 nuclear power plants. Despite vast investments in renewable energy, the country faces a major hurdle in achieving its decarbonisation goals, because its electricity grid is not yet ready to transport wind energy generated in the north to the south, where it is needed.
Prysmian is playing a key role in developing three vital energy transition projects in Germany that will make this possible. The group has been awarded contracts in excess of €1.8 bn for the SuedLink, SuedOstLink and A-Nord Corridor projects. The required underground lines - the longest in the world - will use a new, higher voltage cables technology. In all projects, Prysmian will work with dedicated local project engineering and management teams, provide all accessories and the integrated PRY-CAM monitoring system, and carry out design and installation works. Quality and efficiency of the installation will be assured with optimised long length solutions, extending beyond 2 km.
CONTRACTOR: German transmission grid operators TransnetBW GmbH and TenneT
PRYSMIAN’S ASSIGNMENT: design, manufacture, supply, lay, joint, test and commission a 2GW underground cable system combining large copper conductors with extruded XLPE insulation technology at the highest voltage level. The Group will deliver a ±525 kV high-voltage direct current underground cable system, with the capacity to transmit 2GW of electrical power.
ROUTE: 700 km, from Wilster in Schleswig-Holstein to the northwest of Hamburg to the southern connection point at Bergrheinfeld, Bavaria.
PLANNING: to be completed 2026.
CONTRACT VALUE: > €800m
CONTRACTOR: German grid operator Amprion GmbH
PRYSMIAN’S ASSIGNMENT: design, manufacture, supply, lay, joint, test and commission a 1GW underground cable system. Prysmian will deliver a fully qualified ±525 kV high voltage DC cable system consisting of copper cables, insulated with proprietary P-Laser technology, complete with a separate insulated metallic return cable.
ROUTE: 300 km, from Emden in Lower Saxony to Osterath in Nordrhein-Westfalen,
along the entire Northern route of this German Corridor.
PLANNING: scheduled to commence 2023
CONTRACT VALUE: > €500m
CONTRACTOR: Dutch-German grid operator TenneT TSO GmbH
PRYSMIAN’S ASSIGNMENT: deliver a ±525 kV HVDC underground cable system, the first HVDC link to use extruded cables at this highest voltage level, combined with large copper conductor cables and Prysmian own developed innovative P-Laser insulation technology, with higher operating temperature, to enable a transmittable power of more than 2GW on a single system for the first time.
ROUTE: 250 km, starting at the Southern Germany connection point at Isar, close to Landshut in Bavaria.
PLANNING: completion early 2026
CONTRACT VALUE: > €500m
Our innovative and eco-friendly solutions are supporting Germany’s energy transition in a sustainable way, with the development of more capable underground cables able to cover longer distances with an increasing level of power transmission, to carry more energy from the North of the country, where renewable energy is being generated, to more southerly regions, where it is required. Prysmian’s involvement in the German corridor project confirms our ambition to play a strategic role in the shift towards a low-carbon economy and drive the energy transition with smarter, more reliable and more sustainable solutions.
P-Laser is the first 100% recyclable, eco-sustainable, high-performance cable technology based on HPTE (High Performance Thermoplastic Elastomer). With a solid history in MV application, this is a fully qualified high-performance insulation system that has evolved over the years in a comprehensive HVDC development program of rigorous testing and extensive trials. P-Laser is suited for the highest voltage levels delivering enhanced thermal performance and high intrinsic reliability that enable more flexible and sustainable solutions, such as optimised construction with reduced trench widths. It is fully recyclable, and with increased productivity and 30% lower CO2 emissions in production, has much higher environmental credentials compared to more conventional technologies.