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 ...
Donald Trump’s anti-wind orders dealt the final blow, but Joe Biden’s permitting reform failure started the death spiral.
Italy's Prysmian 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 Reuters on Tuesday, even as it expands its ...
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‘It’s a big blow’: Planned offshore wind manufacturing plant that earned Somerset a visit from Biden is canceledIn 2022, the Italy-based Prysmian Group agreed to acquire 47 acres of Brayton Point in Somerset from St. Louis-based Commercial Development Company. Prysmian was planning to build a $250 million ...
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Massachusetts offshore wind project that Biden visited is no more as Trump retakes officeThe Prysmian Group backed out of its nearly three-year endeavor of gaining necessary local and state permits on Friday, days before President-elect Trump retakes office, saying it wouldn’t ...
Over the last year, PRYSMIAN Group share price has been traded in a range of 29.31, hitting a high of 72.76, and a low of 43.45. It is classified as being part of the Electrical Equipment subsector.
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