Prysmian SpA (PRY.MI) said Wednesday it received a contract worth more than EUR250 million from Dutch-German power grid operator TenneT to link offshore wind farms in the North Sea to mainland Germany.

In a statement, Prysmian said it will provide the supply, installation and commissioning of submarine and land cable connection as part of a larger contract awarded to the consortium made up of the Italian cables company and Siemens AG (SI).

The cables and accessories will be manufactured from 2012 onwards, said Prysmian.

Company website: http://www.prysmian.com

-By Liam Moloney, Dow Jones Newswires; +39 06 6976 6924; liam.moloney@dowjones.com

 
 
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