Positive
Project advancing - milestone achieved
Low Impact
Minor progress or informational
Prysmian Group signed a preferred bidder agreement with RWE Renewables for a turnkey high‑voltage submarine and land export cable connection for Sofia, covering design, supply, installation and commissioning of an HVDC symmetrical monopole cable system linking the offshore converter station to the onshore converter station in Teesside, with offshore installation to be carried out by Prysmian’s Leonardo da Vinci cable‑laying vessel and an expected contract value of over €200 million, subject to final negotiations and RWE’s final investment decision.