Prysmian pursuing offshore wind cable investment in Massachusetts

Prysmian Group plans to develop a new submarine power cable plant in Brayton Point, Massachusetts.
Feb. 18, 2022
(Courtesy Prysmian Group)
Rendering of the Brayton Point plant.
Rendering of the Brayton Point plant.

Offshore staff

MILAN, Italy – Prysmian 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

Sign up for Offshore eNewsletters

Related

Importance of FSRUs for a dynamic LNG market
Offshore wind measurements: How much is enough?