Prysmian Group, world leader in the energy and telecom cable systems industry, announces that after the notice issued by INELFE – a 50:50 joint venture between the Spanish grid operator, Red Eléctrica, and the French grid operator Réseau de Transport d’Électricité (RTE) – has been selected as one of the preferred bidders for Biscay Gulf interconnection.

Prysmian Group continues the contract negotiations in an exclusive way with the aim of signing the contract before May 2023.

Biscay Gulf will be the first fundamentally submarine interconnection between Spain (Gatika) and France (Cubnezais). It will comprise two high-voltage direct current (HVDC) links, each with a capacity of 1000 MW and almost 800 km of HVDC submarine and land cables. These two links will increase in 2 GW the exchange capacity, improving the safety, stability and quality of electricity supply between the two countries and also with the rest of Europe.