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Prysmian wins Elmed deal, Goldman Sachs reaffirms Buy - Sep 26, 2025
As of September 26, today's news is dominated by Prysmian’s significant contract win and Goldman Sachs reaffirming its “buy” rating on the company. Prysmian has been awarded the tender launched by Terna and STEG, the Tunisian electricity grid operator, for the construction of the submarine power interconnection between Italy and Tunisia under the Elmed Project. The contract, which initially provides for a preliminary activation phase, is subject to certain conditions. Once these are met, the contract could reach a value of around 460 million euros. The power line will run between the Partanna…
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