Monna Lisa cable laying vessel (CLV), built by Norwegian shipbuilder Vard, has joined Prysmian’s fleet.The 171-meter-long CLV ...

The market for offshore wind is changing direction, and it's not blowing Somerset's way. How did its $300M Prysmian deal fall ...

The goal to rebrand Brayton Point as a center for a manufacturing plant supporting offshore wind has been dealt a major blow.

The proposed offshore wind cable factory would have created between 200 and 350 manufacturing jobs at the site of an old coal fired power plant in Somerset’s Brayton Point neighborhood.

Prysmian Group announced the delivery of the "Monna Lisa," a state-of-the-art cable-laying vessel. The "Monna Lisa" joins Prysmian's fleet and is expected to commence operations shortly, according to ...

UBS analyst Christopher Leonard initiated coverage on Prysmian SpA (BIT:PRY:IM) (OTC: PRYMY), a leading manufacturer of cables and systems for energy and telecommunications, with a Neutral rating and ...

Somerset was set to earn up to $14 million a year in tax revenue from the canceled plant, which would've brought 250 jobs to ...

Jan 21 (Reuters) - Italy's Prysmian (PRY.MI), opens new tab will abandon a plan to build a plant in the United States to make cables for offshore wind parks, the group said in a statement seen by ...

SOMERSET — Prysmian Group announced Friday it has decided to abandon its plans to locate a manufacturing plant in Somerset, where it would have built undersea cables for wind farms ...

Subsea cables, the backbone of our communications and energy, are enormous: nose to tail, they’d wrap round the globe 37 ...

SOMERSET — The loss of a $300 million Prysmian Group undersea cable factory last week signaled a reverse in the development of Brayton Point Commerce Center, coming as a shock to residents’ ex ...