Clean energy from large US cities will pass through Prysmian Group’s Italian cables. The Italian company has been selected by Soo Green Hvdc Link for a preferential supply of 900 million dollars for high voltage direct current (Hvdc – High Voltage Direct Current) cable systems. The project is unique in its kind: the transmission of energy by land along the existing railway lines. Conceived as the first connection of a national clean energy grid, the 2,100 MW interregional project will connect two of the largest US energy markets. By connecting Midwest Independent System Operator (Miso), which serves the central area of the United States, and Pjm Interconnection in the eastern area, Soo Green will supply large quantities of low-cost renewable energy to several urban centers, from Chicago to the Mid-Atlantic region. .
For Prysmian this is an order of great strategic importance because it confirms the growth strategy in the USA as a reference partner in the development of grid infrastructures for the energy transition. The news was welcomed on the stock exchange with the stock of the Italian company which grew by (+ 2.80%) in Piazza Affari.