Monna Lisa cable laying vessel (CLV), built by Norwegian shipbuilder Vard, has joined Prysmian’s fleet.The 171-meter-long CLV ...

SOMERSET — The loss of a $300 million Prysmian Group undersea cable factory last week signaled a reverse in the development of Brayton Point Commerce Center, coming as a shock to residents’ ex ...

Jan 21 (Reuters) - Italy's Prysmian (PRY.MI), opens new tab will abandon a plan to build a plant in the United States to make cables for offshore wind parks, the group said in a statement seen by ...

A $300 million offshore wind cable plant development project in Somerset that President Biden visited in July 2022, ushering in the country’s transition to clean energy, is off the table after its ...

Announcements of cutbacks and changes in leadership this week showed the offshore industry faces "a series of headwinds." ...

“Somerset is hurting. I mean, really hurting.” Haddad said Prysmian will now have to manufacture cable for future offshore wind projects at overseas plants in Italy and Finland, as well as a ...

Prysmian Group announced the delivery of the "Monna Lisa," a state-of-the-art cable-laying vessel. The "Monna Lisa" joins ...

“We are proud to announce [Bureau of Ocean Energy Management’s] final approval of the SouthCoast Wind project, the nation’s eleventh commercial-scale offshore wind energy project, which will power ...

SOMERSET — Prysmian Group announced Friday it has decided to abandon its plans to locate a manufacturing plant in Somerset, where it would have built undersea cables for wind farms ...

Kepler Capital analyst Matteo Bonizzoni maintained a Buy rating on Prysmian SpA (0NUX – Research Report) on January 31 and set a price target ...