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Prysmian partners with DEME Group for significant U.S. submarine cable contract

12/6/21 – The Prysmian Group partnered up to win a U.S. submarine cable contract from Dominion Energy Virginia that represents both a major step forward for the U.S. offshore wind farm sector, and the first time that such a project has been awarded as a complete package known as a “Balance of Plant” (BoP) contract.
A press release said that to fill the cable order for Coastal Virginia Offshore Wind (CVOW)—a 2.6-gigawatt wind farm that will deploy 176 wind turbines that are taller than 800 feet—Prysmian teamed up with the DEME Group, a leader in the offshore wind industry. The DEME Group will provide everything beyond the approximately 880 km of cable that is part of the BoP contract. That includes the transportation and installation of the foundations and the substations and the EPCI (Engineering, Procurement, Construction, Installation) services for the inter-array and export cables for the future largest commercial offshore windfarm in the United States.
The total value of the contract is approximately €1.6 billion, of which around €630 million is related to Prysmian for the cable supply and the installation works under its responsibility. Prysmian Group will provide three 3-core 220 kV HVAC export cables measuring approximately 62 km each, with XLPE insulation and single-wire armoring, for a total of approximately 560 km. The company will also supply 320 km of 3-core 66kV offshore inter-array cables with XLPE insulation.
The export cables will be produced in Arco Felice, Italy, and Pikkala, Finland, while the inter-array cables will be manufactured in Nordenham, Germany. The project is expected to be completed by 2026.
“Following the award of the Vineyard submarine offshore project and the SOO Green HVDC link, the Dominion Energy project represents a further confirmation of our major role in helping our customers meet their goals,” said Prysmian Group CEO Valerio Battista. He noted that the U.S. is important to Prysmian’s growth strategy, and the Biden administration’s commitment to development of infrastructure “is something really positive.”
“Dominion Energy decided to award the contract to the Prysmian-DEME consortium in light of their unique combination of financial strength, experiences, expertise, fleet and cable supply capabilities,” said Hakan Ozmen, EVP Projects, Prysmian Group.

Read 962 times Last modified on December 6, 2021