This story has been updated to add more information. SOMERSET — Prysmian Group announced Friday it has decided to abandon its plans to locate a manufacturing plant in Somerset, where it would ...

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 ...

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 ...

When former President Joe Biden first took office, the winds were clearly blowing in the right direction for the offshore turbine industry — and the Italian cable manufacturer Prysmian Group saw an ...

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 ...

Biden gave a speech on the site of Prysmian’s proposed factory in 2022, calling Brayton Point “the frontier of new energy in America.” But a group of neighbors in Brayton Point fought ...

Prysmian has recently been in the spotlight for the high energy consumption required for AI data centers, through its subsidiary Encore Wire, with a direct exposure of about 800 million euros in ...

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

Prysmian has cancelled plans to build a subsea cable factory at Brayton Point in Somerset, Massachusetts, which was intended to support the US offshore wind market. The company cited the need to align ...

Over the last year, PRYSMIAN Group share price has been traded in a range of 32.06, hitting a high of 72.76, and a low of 40.70. It is classified as being part of the Electrical Equipment subsector.

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

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 ...