Prysmian Group is keeping pace with executing its investment plan of about €1 billion by 2024, mainly targeted at developing businesses that support the energy transition.
Cable-Laying vessel
“Development of the trans-European power grid plays a strategic role in decarbonization and in the transition to renewable sources, as well as in improving EU energy autonomy — an urgent need that has returned to the fore with the Russia-Ukraine conflict.”
“As a global leader in the cable industry, we have decided to increase investments chiefly in support of energy interconnection projects and connections for renewable sources," comments Valerio Battista, Prysmian Group's CEO, on the occasion of the Submarine Cable Day for the presentation of the new cable-laying vessel Leonardo da Vinci, held in Naples, in presence of the major international utilities and grid operators.
