Positive
Project advancing - milestone achieved
Low Impact
Minor progress or informational
Prysmian Group was selected by INELFE, the 50:50 joint venture between Spanish grid operator Red Eléctrica and French grid operator Réseau de Transport d’Électricité (RTE), as one of the preferred bidders for the Biscay Gulf (Bay of Biscay) electricity interconnection, covering the supply of almost 800 km of HVDC submarine and land cables for two 1000 MW links between Gatika in Spain and Cubnezais in France. Prysmian entered exclusive contract negotiations with the aim of signing the EPC contract by May 2023.