Italy's Prysmian ditches plan to build U.S. plant for offshore wind parks
ReutersJan 21, 2025 9:47 AM
Jan 21 (Reuters) - Italy's Prysmian PRY.MI will abandon a plan to build a plant in the United States to build cables for offshore wind parks, the cable maker said in a statement seen by Reuters on Tuesday.
"Prysmian has decided to not proceed with the purchase of the land in Somerset, and therefore will not proceed with the Brayton Point project", the statement said.
(Reporting by Alessandro Parodi, editing by Alvise Armellini)
((Alessandro.Parodi@thomsonreuters.com;))
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