Italy's Prysmian will abandon a plan to build a plant in the United States to make cables for offshore wind parks, the group said in a statement seen by Reuters on Tuesday, even as it expands its ...

“Somerset is hurting. I mean, really hurting.” Haddad said Prysmian will now have to manufacture cable for future offshore wind projects at overseas plants in Italy and Finland, as well as a ...

For the past three years, the Prysmian Group has been working on a $300 million factory to make cables that carry electricity from offshore wind farms. But on Friday, the European group released ...

SOMERSET — The loss of a $300 million Prysmian Group undersea cable factory last week signaled a reverse in the development of Brayton Point Commerce Center, coming as a shock to residents’ ex ...

Monna Lisa cable laying vessel (CLV), built by Norwegian shipbuilder Vard, has joined Prysmian’s fleet.The 171-meter-long CLV ...

Italian cable maker Prysmian has finally pulled the plug on its planned manufacturing facility at Brayton Point, Massachusetts after three long years of public pushback and rising market uncertainty, ...

SOMERSET — Prysmian Group announced Friday it has decided to abandon its plans to locate a manufacturing plant in Somerset, where it would have built undersea cables for wind farms ...

Prysmian Group announced the delivery of the "Monna Lisa," a state-of-the-art cable-laying vessel. The "Monna Lisa" joins ...

The initial phase of the submarine cable laying for the eastern section of the Tyrrhenian Link, one of the most significant ...

UBS analyst Christopher Leonard initiated coverage on Prysmian SpA (BIT:PRY:IM) (OTC: PRYMY), a leading manufacturer of cables and systems for energy and telecommunications, with a Neutral rating and ...