Prysmian, Siemens Gamesa ink global cable supply deal

Prysmian SpA (BIT:PRY) has secured a deal to supply Siemens Gamesa Renewable Energy (BME:SGRE) with cabling and assemblies for wind turbine towers and nacelles, the Italy-based cable maker said on Monday.

The contract covers the delivery of low-voltage cables and assemblies for nacelle platforms, as well as low-voltage cables and fully-terminated medium-voltage assemblies for wind turbine towers. Financial details about the deal were not provided.

The Italian group will supply the products to Siemens Gamesa from its manufacturing bases in Europe, Asia and North America, starting next year.

Prysmian noted that this award is a further confirmation of its foothold in the renewable power segment, where it provides cabling, installation, project management services and monitoring systems and solutions. Last year, the company was selected to deliver the cable system for the Vineyard Wind offshore wind farm in the US and the DolWin5 grid-connection project in the German North Sea, among others.

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