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Prysmian wins major U.S. cable contract

7/12/21  The Prysmian Group has won a turn-key contract worth €900 million to supply some 700 miles of ±525 kV cross-linked polyethylene class HVDC cable that will connect two of the largest energy markets in the U.S.

A press release said that the order is from SOO Green HVDC Link, LLC (SOO Green), which named the Prysmian Group as its preferred supplier of high-voltage DC cable systems for a first-of-its-kind transmission project to be installed underground along existing railroad rights of way. The 2,100-MW interregional project, considered the first link in a national clean energy grid, will connect the Midwest Independent System Operator (MISO) that serves the central U.S. to the eastern PJM Interconnection, serving more than 1.2 million homes. For more information about the SOO Green HVDC Link, go to www.soogreenrr.com.

SOO Green, which is owned by investment funds managed by Copenhagen Infrastructure Partners, Siemens Energy, and Jingoli Power, is being developed by Minneapolis-based Direct Connect Development Company, LLC. The award is subject to final contract approvals. The construction part of the project will be performed by Jingoli Power, and will be added to the overall contract value.

The cables will be installed underground, primarily along existing railroad rights-of-way. They will connect SOO Green’s converter station in northern Iowa to its Illinois converter station, just west of Chicago. Cable production for the project is expected to start in 2023.

The cables will be made at Prysmian’s facility in Abbeville, South Carolina, which is being upgraded to help achieve President Biden’s goal of a zero-carbon power grid by 2035. “After the award of flagship projects such as the Vineyard offshore wind farm and the project to upgrade the Washington, D.C. area’s power transmission system, (this opportunity) further solidifies Prysmian Group as the partner of choice for the US interconnector market,” said Prysmian Group CEO Valerio Battista.

Read 1466 times Last modified on July 12, 2021