Prysmian bags Suedostlink contract
![Photo: Prysmian](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article14184922.ece/ALTERNATES/schema-16_9/doc7lkmj8ngmw7ehkbk3r8.jpg)
Italian cable maker Prysmian has received a EUR 700m contract from transmission system operator Tennet with the aim of extending the Suedostlink project, writes Bloomberg News.
Prysmian will supply and install a land system for transmitting renewable energy generated by wind farms in northern and eastern Germany to high-consumption cities and factory areas in southern Germany.
On the Milan stock exchange, the Prysmian share price appreciates by 1.7% to EUR 26.69.
Prysmian wins giant cable contract
Prysmian secures funding to develop power grids from the EIB
Related articles
Prysmian secures funding to develop power grids from the EIB
For subscribers
Prysmian to construct new factory in US
For subscribers