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 ...

Donald Trump’s anti-wind orders dealt the final blow, but Joe Biden’s permitting reform failure started the death spiral.

In 2022, the Italy-based Prysmian Group agreed to acquire 47 acres of Brayton Point in Somerset from St. Louis-based Commercial Development Company. Prysmian was planning to build a $250 million ...

Jake Auchincloss. Prysmian’s decision also dealt a blow to former President Joe Biden, who hoped the factory would showcase the offshore wind industry’s potential to create manufacturing jobs ...

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 ...

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 ...

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 ...

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, ...

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

ATHENS, Jan 21 (Reuters) - Greece's power grid operator IPTO has invited Fulgor, Nexans Norway and Prysmian Powerlink to submit binding bids for the supply of undersea cables to link some Greek ...