Prysmian Chair urges energy links as AI demand soars - Oct 16, 2025

Prysmian Daily News Update · Oct 16, 2025 · 3m

As of October 16, today’s news sees Prysmian Chairman remarks on Europe’s energy interconnection strategy and broader geopolitical developments affecting global industrial markets. At the “Green & Net Zero Talk – Interconnected Energy” event, Prysmian Chairman Francesco Gori said the 4 billion dollars Encore Wire acquisition strengthens the group’s U.S. electrification business, unaffected by renewable energy shifts in the U.S.. He stressed the growing importance of energy interconnections to stabilize power systems, citing Spain’s recent blackout as an example. Gori noted that Europe’s…