Prysmian wins €500m Alliander grid pact as Hormuz closure jolts energy markets - Mar 5, 2026

Prysmian Daily News Update · Mar 5, 2026 · 2m

As of March 5, today’s news features developments involving Prysmian, particularly its newly secured framework agreement for supplying power cables to the Dutch electricity grid, amidst broader themes of geopolitical tensions affecting energy markets. Prysmian has been awarded a framework agreement from Alliander for the supply of medium and low-voltage power cables for the development and modernization of the Dutch electricity grid. The award covers an eight-year period and could be worth up to approximately 500 million euros, the company said in a statement. Prysmian was awarded this…