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Prysmian criticizes EU industrial plan while hyperscaler demand lifts outlook - 15 May 2026

As of May 15, today's news highlights Prysmian's critical response to the exclusion of cables from the EU's proposed Industrial Acceleration Act, alongside market movements influenced by inflation concerns and geopolitical tensions. Prysmian has expressed significant frustration regarding its exclusion from the EU's Industrial Acceleration Act, a legislative proposal aimed at fostering low-carbon technologies, Renewables Now reported. Raul Gil, Prysmian’s EVP Transmission, commented at the WindEurope 2026 event that the cable sector was unexpectedly dropped from the IAA at the last minute. He…

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