Prysmian wins EUR-250m cable job for two power links in Spain

Italian cable manufacturer Prysmian SpA (BIT:PRY) has won contracts worth around EUR 250 million (USD 254.9m) to provide cabling solutions and installation services for two projects to interconnect Spain’s extra-peninsular territories.

Spanish grid operator Red Electrica de Espana (REE), which hired Prysmian, is working to establish a power interconnection between the islands of Tenerife and La Gomera in the Atlantic Ocean, and link Spain’s North African enclave of Ceuta with the mainland.

Prysmian will manufacture the cables and provide installation and commissioning services. A 66-kV High Voltage Alternating Current (HVAC) double circuit, three-core submarine power cable with EPR insulation and synthetic-wire armouring will connect Tenerife and La Gomera. The company will lay the cables at a depth of nearly 1,150 metres (3,773 ft), it said.

For the Ceuta-Peninsula connection, which will go through the Strait of Gibraltar at a depth of 900 metres, Prysmian will install a 132-kV HVAC double circuit, three-core submarine power cable with XLPE insulation and synthetic-wire armouring.

Both projects will enable the flow of renewables from the territory that has enough to spare. Ceuta is an isolated city that relies solely on a fossil fuel-based power mix, which renewables from the Spanish mainland can help dilute.

In the Canary Islands archipelago, a wind farm project on La Gomera that started about a month ago can power the entire island, according to its developer Grupo Ecoener SAU (BME:ENER). The La Gomera island’s authorities expect to be able to export the extra renewables to the larger Tenerife thanks to the power link.

Both cable systems are scheduled for commissioning in 2025, Prysmian said.

(EUR 1.0 = USD 1.02)

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