Prysmian received letter of award for Peninsula - Baleares 2 interconnection in Spain

Prysmian has received the Letter of Award for an energy transmission project that will connect the island of Mallorca with the Spanish mainland. The value of the project will exceed € 0.5 billion.

Prysmian and Red Eléctrica, the transmission system operator of the Spanish electricity system, will hold an exclusive negotiation of the contract, with the signing foreseen for within the end of 2024.

Prysmian will be responsible for the design, installation, testing and commissioning of two HVDC (High Voltage Direct Current) 250 kV MI single-core cables, as well as fibre optic cable for telecom and monitoring purposes, which will connect the island of Mallorca with the Spanish mainland power grid, covering both the submarine and land section.

This project will reinforce the quality and security of the Balearic Islands’ electricity supply and will ensure coverage of the demand on the islands.

Hakan Ozmen, EVP Transmission at Prysmian, said: “Prysmian has strengthened its leading role in development interconnections thanks to the second Baleares Peninsula project, as we continue to enable increasingly efficient and sustainable power transmission grids in the Mediterranean area. We will carry out this project using the same consolidated MI cable technology which was previously deployed in the Peninsula Baleares 1 installation, and the letter of award also reflects the continued long-lasting relationship with Red Electrica, as Prysmian had previously been awarded projects including the Ibiza-Formentera, Lanzarote-Fuerteventura, Tenerife –La Gomera and Ceuta-Peninsula connections in recent years.”