Prysmian pursuing offshore wind cable investment in Massachusetts

Feb. 18, 2022
Prysmian Group plans to develop a new submarine power cable plant in Brayton Point, Massachusetts.

Offshore staff

MILAN, ItalyPrysmian Group plans to develop a new submarine power cable plant in Brayton Point, Massachusetts.

Final acquisition of the site remains subject to securing state permits for construction of the new plant, estimated to cost around $200 million.

Finalization also entails confirmation by Avangrid Renewables of the award of contracts for cabling the Commonwealth Wind and Park Wind City offshore wind projects, with a total value of around $900 million.

02/18/2022