Positive
Project advancing - milestone achieved
Low Impact
Minor progress or informational
Amprion selected Prysmian Group as the preferred bidder to supply and install the ±525 kV HVDC cable systems for the BalWin1 and BalWin2 offshore grid connection systems and the DC34 underground cable project in Germany. Under the preferred bidder agreement, Prysmian reserved the required production and installation capacity while Amprion and Prysmian negotiated remaining contract items with a target to execute final contracts by 15 January 2024, securing major cable components for BalWin2 and other projects through 2030.