
Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded a contract worth around €1.2 billion by NeuConnect Britain Limited and NeuConnect Deutschland GmbH for the turn-key design, manufacturing, installation, testing and commissioning of a 725 kilometer submarine interconnector that will directly link the German and UK electricity grids for the first time. This 1400 MW submarine and land cable system will connect two of Europe’s largest energy markets, promoting the efficient use and integration of renewable energy generation resources in both Germany and the UK.
The NeuConnect interconnector is a privately financed project developed by a group of international investors that include Meridiam, Allianz Capital Partners and Kansai Electric Power, and is contingent on the successful tendering of the converter station and financing agreements for the project.
“When completed in the coming years, NeuConnect will join the world’s longest interconnectors,” said Hakan Ozmen, EVP Projects, Prysmian Group. “Moreover, it is one of the first interconnectors to be financed through a project financing arrangement, demonstrating that the major infrastructure projects needed to deliver the sustainable energy goals in Europe are supported by private investment.”
The project shall deliver the cable connection along a route which runs between the UK converter station located on the Isle of Grain in Kent (UK), passing through UK, Dutch and German waters to the landing point in Lower Saxony in Germany to connect with the converter station near Wilhelmshaven. The NeuConnect project shall provide major energy transmission infrastructure that shall contribute to the wider European goals for increased availability of economically beneficial, sustainable, and secure electrical power.
Prysmian will provide the complete cable system to be operated at ±525kV HVDC utilizing mass-impregnated (MI) paper insulated cables, and include fibre optic cables on the land and selected submarine sections, complemented with state of the art cable monitoring systems that shall support the monitoring, maintenance and services to be provided during the warranty period.
The submarine and land power cables will be manufactured at Prysmian’s centre of excellence at Arco Felice factory near Naples, Italy. Offshore installation activities will involve three of the Group’s own cable laying vessels including Leonardo da Vinci, the most capable cable laying vessel in the market, Cable Enterprise, and Ulisse. Commissioning of the project is scheduled in the second half of the decade.
The NeuConnect project joins the latest record-breaking awards to the Prysmian Group and follows projects such as Viking Link, the connection currently under installation between Denmark and UK, as well as the recent successful awards of the major framework contract by Terna developing a more robust power grid in Italy and the strategic link connecting Saudi Arabia and Egypt by SEC and EETC respectively.
Related News.
November 9, 2026
Global study finds Cyprus ranks SEVENTH and set for $1.1 billion AI GDP boost
Cyprus beats India and New Zealand to come SEVENTH in major AI study – with potential €1.1 billion GDP boost and youth jobs opportunity Some 86% of…
November 9, 2026
Global shipping’s trillion dollar climate bill according to Zero Carbon Analytics
A new study by Zero Carbon Analytics finds that emissions from international shipping cost the global economy around USD 963 billion between 1990…
November 9, 2026
Keeping Children Safe Online at Sea Seafy® earns friendly WiFi Certification across 26 vessels
Seafy becomes Friendly WiFi’s first partner in the maritime sector, helping protect kids from harmful content online. Friendly WiFi is delighted…
November 9, 2026
MarinePALS keeps seafarers’ mental wellbeing results private from employers
MarinePALS has launched ‘MyMood’, a mental wellbeing self-check that enables seafarers to consider whether they need support without their individual…
November 9, 2026
ShipManager joins Star Information Systems to accelerate the maritime industry’s transition to cloud
CFARER, a DNV Company selects Star Information Systems as the longterm home for ShipManager and its cloud future Star Information Systems (Star)…
November 9, 2026
Seafarer experience must shape maritime technology, initial STEER Project report finds
New research finds technology can shift rather than remove risk as The Nautical Institute, with support from Lloyd’s Register Foundation, calls for…
November 9, 2026
New LR service targets cargo disruption when trade routes fail
New LR Advisory service helps ports, governments and logistics operators respond to disruption, protect critical cargo flows and strengthen trade…
November 9, 2026
DORIC WEEKLY INSIGHT 06 NOVEMBER 2026
Please find below the DORIC Market Insight for the week ending 06th November 2026. Weekly Report 06.11.2026
November 9, 2026
BIMCO Shipping Number of the Week
Coal shipments to India drop 7%, but limited recovery may lie ahead "Between January and October, coal shipments to India dropped 7% y/y due to the…
November 9, 2026
Hapag-Lloyd marks 20 years in South Africa and targets further growth
South Africa has become a cornerstone of Hapag-Lloyd's business in Africa Hapag-Lloyd surpasses 1 million TEU in Africa for the first time in its…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved






















