The global power cable manufacturer announced the plans for the manufacturing facility for subsea transmission cables in 2021 ...

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

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 ...

Donald Trump’s anti-wind orders dealt the final blow, but Joe Biden’s permitting reform failure started the death spiral.

The proposed offshore wind cable factory would have created between 200 and 350 manufacturing jobs at the site of an old coal ...

Last week the Prysmian Group dropped a $300 million redevelopment project that was set to be built on Brayton Point Road in ...

European industrial stocks such as Schneider Electric and Prysmian surged on Wednesday as traders warmed up to prospects of ...

Italy's Prysmian will abandon a plan to build a plant in the United States to make cables for offshore wind parks, the group ...

Greece's power grid operator IPTO has invited Fulgor, Nexans Norway and Prysmian Powerlink to submit binding bids for the supply of undersea cables to link some Greek islands to the mainland grid, it ...

Italy's Prysmian will abandon a plan to build a plant in the United States to make cables for offshore wind parks, the group ...

SOMERSET, Mass. (WPRI) — After years of getting all the necessary permits, Prysmian Group decided to no longer move forward with its new cable manufacturing plant at Brayton Point in Somerset, ...

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