Prysmian : New 66 KV submarine cable links for Borssele III & IV Offshore Wind Farms in the North Sea

PRESS RELEASE

NEW 66 KV SUBMARINE CABLE LINKS FOR BORSSELE III & IV OFFSHORE WIND FARMS IN THE NORTH SEA

THE AWARD STRENGTHENS GROUP'S POSITION IN INTER-ARRAY CABLES MARKET

Milan, 18 June 2018. Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded a contract by Van Oord Offshore Wind B.V. for the development of a submarine inter-array cables system for Borssele III & IV offshore wind farms.

Prysmian will be responsible for the design, manufacture, supply and testing of about 175 km of 66 kV three core cables with XLPE insulation of various cross - section and all related accessories for Borssele III & IV wind farms. Borssele III & IV wind farms are part of the wide Borssele Wind Farm Zone located near the southern border of the Dutch Exclusive Economic Zone (EEZ), approximately 25 kilometres from the shore, and will have a total installed capacity of 731.5 MW with individual wind turbine capacity of 9.54 MW.

"This award confirms our leading role in the development of offshore wind farms in Europe and in the growing inter-array market as well as of our superior project management skills offering customised, high-performance solutions to our customers" said Hakan Ozmen, EVP Projects at Prysmian Group.

This important project will provide sustainable and CO2 friendly electricity to more than 800.000 households in The Netherlands and it is part of a wider energy plan supported by Dutch government for the development of an energy mix aimed to achieve 16% of total generated electricity in renewable energy by 2023.

All cables will be produced in Prysmian's centre of excellence in Pikkala, Finland. The cables are due to be delivered early 2020.

Over the past years the Group has moved ahead with major investments in new and upgraded assets, broadening the range of its products and innovative technologies, strengthening services and capabilities in production and execution to better serve the market, leveraging also on a turn-key EPCI approach. The recent acquisition of General Cables has further strengthened Prysmian's position in the subsea cable industry with additional production facilities in Nordenham, Germany.

Prysmian Group

Prysmian Group is world leader in the energy and telecom cable systems industry. With almost 140 years of experience, sales exceeding €11 billion (pro-forma as of 31.12.2017), about 30,000 employees in over 50 countries and 112 plants, the Group is strongly positioned in high-tech markets and offers the widest possible range of products, services, technologies and know-how. It operates in the businesses of underground and submarine cables and systems for power transmission and distribution, of special cables for applications in many different industries and of medium and low voltage cables for the construction and infrastructure sectors. For the telecommunications industry, the Group manufactures cables and accessories for voice, video and data transmission, offering a comprehensive range of optical fibres, optical and copper cables and connectivity systems. Prysmian is a public company, listed on the Italian Stock Exchange in the FTSE MIB index.

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