Prysmian secures €5.5bn Molex data center deal - 20 Jul 2026

Prysmian Daily News Update · Jul 20, 2026 · 2m

As of July 20, today’s news is dominated by Prysmian's significant new agreement and key developments in global markets, particularly relating to energy and technology sectors. Prysmian has signed an up to 5.5 billion euros long-term agreement, which includes a 550 million euros upfront payment, with Molex, part of the large private U.S. company Koch Inc., for a period of up to ten years, for the supply of optical cables to be deployed inside data centers, the company said in a statement. The deal with Molex is part of an overall set of new agreements and commercial initiatives with…