Prysmian Cables & Systems, has been awarded new major energy cable contracts in USA, strengthening its leading position in the North American energy cables’ market, particularly in the high voltage segment. In 2006 North America represented 17% of the total Prysmian group’s sales, amounting to over 5 billion euro. Prysmian can rely on four production plants in North America, two in the USA (Abbeville and Lexington) and two in Canada (St. Jean and Prescott).
The Northeast Utilities Service Co. has awarded Prysmian The Glenbrook Cables/Middletown- Norwalk 115-kV underground high voltage cable project that requires in excess of 17 miles of XLPE insulated cable. The United Illuminating Co. and Northeast Utilities have each awarded Prysmian contracts to furnish, design and install part of the 24-mile Middletown-Norwalk 345-kV project, a joint effort of the two
Connecticut utility companies to construct the largest XLPE installation of its class in North America. With these new assignment s Prysmian will strengthen its relationship with two of the preeminent utilities in North America taking a major role in the construction of the new high voltage transmission network in Connecticut. Prysmian’s North American High Voltage Systems installation group will oversee installation and engineering services for the projects. The company plans to use its affiliate’s manufacturing expertise to provide cable from state-of -the-art facilities in Gron, France and Pikkala, Finland. Prysmian’s affiliates in the Netherlands and Italy will provide cable accessories.
The second cable contract has been signed with Irby Electric, a Sonepar Company for PNM Resources, for the supply of medium voltage Cable to Public Service of New Mexico and Texas- New Mexico Power Co. This five-year, $33.5-million contract with PNM includes a state-of-the-art, internet based cable management program. This contract reinforces Prysmian's geographic position in the New Mexico area and expands the existing product portfolio with PNM Resources.