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Prysmian Gets EUR 45 Billion from EIB to Promote Energy Transition in Europe

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The investment will enable Prysmian to double its production capacity for extruded cables at its three factories in Pikkala (Finland), Pozzuoli (Italy) and Gron (France) from around 2,000 km a year to over 4,000 km a year.  Aug 7, 2024 Prysmian, world leader in the power and telecom cables sector,......
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Prysmian Gets EUR 450 Million from EIB to Promote European Energy Transition

wirecable
The financial contract will enable Prysmian to double its production capacity for extruded cables at its three factories from around 2,000 km a year to over 4,000 km a year. Prysmian will further build new production lines for extra-high-voltage submarine cables, lines for high-voltage onshore cables and other technical improvements......
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European Investment Bank to Support TenneT’s Expansion in Bavaria

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The Ostbayernring transmission route would be significant in terms of generating electricity from renewable sources like wind power and photovoltaics. The association between EIB and Tennet is quite longstanding. October 20, 2022 The European Investment Bank (EIB) will grant a EUR 450 million senior loan to electricity transmission system operator......
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Prysmian Group to take up new R&D projects in Telecom and Power Sector with support from EIB

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The financing represents about half of the investments Prysmian Group has planned in Europe through 2024. February 18, 2022 Prysmian Group has announced the finalisation of the financing of EUR 135 million (~USD 153.68 million) from the European Investment Bank (EIB). The funding is primarily aimed at supporting the Group’s......
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