Published by Global Banking and Finance Review
Posted on September 30, 2025
1 min readLast updated: January 21, 2026
Prysmian has been chosen for a £2 billion electrical link project between England and Scotland, enhancing power connectivity.
(Reuters) -Britain's power transmission owners SP Transmission and National Grid Electricity Transmission have selected Italy's Prysmian as the preferred bidder for a proposed link between England and Scotland, the Italian group said on Tuesday.
The 2 billion euros ($2.35 billion) value of the contract is an estimate as negotiations are not complete, Prysmian, the world's largest cablemaker by sales, said in a statement.
The Eastern Green Link 4 will connect a high voltage direct current cable from Fife in eastern Scotland to Norfolk on the east coast of England via the North Sea.
Prysmian is already involved in the projects Eastern Green Link 1 and 2, also aimed at improving the electrical interconnection of England and Scotland along Britain's east coast.
($1 = 0.8514 euros)
(Reporting by Philippe Leroy Beaulieu in Gdansk; editing by Barbara Lewis)
Italy's Prysmian has been selected as the preferred bidder for the proposed electrical link.
The estimated value of the contract is 2 billion euros, which is approximately $2.35 billion.
The Eastern Green Link 4 will connect a high voltage direct current cable from Fife in eastern Scotland to Norfolk on the east coast of England.
Yes, Prysmian is already involved in the Eastern Green Link 1 and 2 projects, which also aim to improve electrical interconnection between England and Scotland.
The project will utilize high voltage direct current cables to facilitate the electrical link.
Explore more articles in the Finance category
