Prysmian sign $995.4 million contract for Marinus Link in Australia

We are proud to share that ICCIAUS Partner Sponsor Prysmian and Marinus Link have finalised an around $995.4 million contract for a new power interconnector in Australia.

With a capacity of 750 MW for the first stage, the Marinus Link will facilitate the flow of electricity and telecommunications between Victoria and Tasmania, enabling an efficient transfer of power from the areas where renewable energy is generated to those where it is needed.

The project’s cables will involve 345 kilometers of new transmission, including 255 kilometers undersea across the Bass Strait and 90 kilometers underground in Gippsland.

Andrea Kraus CEO of Prysmian Group Oceania and ICCIAUS Vice President, said:
“We are proud to support Australia in its goal to combine the benefits of renewable energy to deliver low-cost, reliable, and clean energy to customers. This is a big step forward to support the Australian energy transition target to reach net-zero carbon emissions by 2050.”

📑Read the press release: https://www.prysmian.com/en/media/press-releases/prysmian-signs-euro-600-million-contract-for-marinus-link-in-australia

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