Positive
Project advancing - milestone achieved
Medium Impact
Significant progress or notable issue
On 12 December 2019, Prysmian Group was awarded a turnkey contract worth about €27 million by Red Eléctrica de España to design, supply, install and commission the 132 kV HVAC three-core submarine and land power cable system linking Playa Blanca substation on Lanzarote with La Oliva substation on Fuerteventura, covering roughly 14 km subsea and 2 km onshore. This contract formally confirmed Prysmian as the cable supplier for the Lanzarote–Fuerteventura interconnector, with delivery and commissioning then scheduled for 2021.