# Prysmian Group to build $200M submarine cable plant in Brayton Point, Massachusetts

Prysmian Group signed a contract to purchase the Brayton Point site in Massachusetts for a new submarine power cable plant, with a total investment of about $200 million. The project also includes confirmation of cable awards for Commonwealth Wind and Park Wind City offshore wind projects worth approximately $900 million.

- Type: New facility
- Announced: 2022-02-17
- Where: Brayton Point, Massachusetts, United States
- Value: $200.0M
- Jobs: 250
- Status: announced
- Products: submarine power cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Prysmian](https://endata.com/companies/968.md)
- [Avangrid Renewables](https://endata.com/companies/57175.md) (customer)
- [Avangrid Renewables](https://endata.com/companies/57175.md) (partner)
- [Commercial Development Co.](https://endata.com/companies/61124.md) (partner)

## Sources

- [na.prysmian.com](https://na.prysmian.com/resources/press-releases/prysmian-group-new-cable-plant-in-the-usa), 2022-02-17: "Prysmian Group’s total investment to build the new plant will be around $200 million."
- [bostonglobe.com](https://www.bostonglobe.com/2022/02/17/business/site-shuttered-south-coast-coal-plant-will-become-wind-industry-factory/), 2022-02-17: "Prysmian plans to invest $250 million to $300 million in the plant, executive vice president Hakan Ozmen told the crowd, and employ up to 250 people, with room for significant expansion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.