Dutch High-Voltage Cables from Prysmian Crucial for Modernizing Norwegian Energy Grid

Prysmian has been awarded a four-year contract for the supply of additional high-voltage cable systems to Statnett. The agreement also includes two optional renewal periods of two years each. Statnett, the transmission system operator in Norway, plays a crucial role in the electricity grid of Northern Europe. With this collaboration, both parties are strengthening their commitment to a reliable and sustainable energy supply.

This award confirms Prysmian's leading position in this segment and highlights the strong cooperation between Statnett and Prysmian. The award criteria focused, among other things, on the climate and environmental impacts of the proposal, together with the quality assessment, with Prysmian achieving the maximum score.
The scope of the contract includes the supply and turnkey installation of 420 kV cables and accessories, which will be produced in Delft.

Cinzia Farisè, EVP Power Grid Prysmian, stated: "This award confirms Prysmian's role as a reliable partner, with a strong focus on meeting the needs of our customers, with the speed, quality and reliability needed for the development of more sustainable electricity grids."

Sander Lauwers, Commercial Director Utilities, added: "With this agreement, we are taking another big step forward in our growth and strengthening our leading position in Europe. We are delighted that Statnett has chosen Prysmian because of our high score on quality and sustainability."

Prysmian

Prysmian is a global provider of cable solutions and a frontrunner in the energy transition and digital transformation. Thanks to its broad geographic presence, extensive product portfolio, proven technology leadership and strong customer base, the company is excellently positioned to leverage its market leadership and achieve success in new, growing markets.

Prysmian's business strategy fits seamlessly with key market developments by developing resilient, high-quality, sustainable and innovative cable solutions within the Transmission, Power Grid, Electrification and Digital Solutions segments.

Prysmian is a listed company on the Italian stock exchange and has almost 150 years of experience. With more than 33,000 employees, 107 production sites and 27 R&D centers in more than 50 countries, the company achieved a turnover of more than €17 billion in 2024.