# Prysmian named preferred bidder for €4.5bn German cabling order

Prysmian was named preferred bidder by Amprion to supply over 4,200 km of cables for the BalWin1, BalWin2 and DC34 projects in Germany. The contract is valued at €4.5 billion and final execution is targeted for 15 January 2024.

- Type: Contract
- Announced: 2023-08-23
- Where: Germany (North Sea to Heide/West area to Klein Rogahn), Germany
- Value: $4.90B (4.50B EUR)
- Status: announced
- Capacity: 2 GW power transmission capacity
- Products: HVDC submarine and underground cables
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Prysmian](https://endata.com/companies/968.md)
- [Prysmian](https://endata.com/companies/968.md) (supplier)
- [Amprion](https://endata.com/companies/10110.md) (customer)
- [50Hertz](https://endata.com/companies/11399.md) (customer)
- [NKT](https://endata.com/companies/15394.md) (supplier)

## Sources

- [power-technology.com](https://www.power-technology.com/news/prysmian-supply-german-cabling/), 2023-08-23: "Prysmian is highly committed to the development of greener and smarter power grids, supporting Amprion as one of our key customers in its important energy transition targets."
- [prysmian.com](https://www.prysmian.com/en/media/press-releases/prysmian-signed-an-agreement-worth-around-1-1-bn-with-50hertz-for-the-submarine-cable-project-nor-11-1-and-the-underground-cable-project-dc31-in-germany), 2023-09-29: "Prysmian has been awarded new contracts worth in total around €1.1 billion by 50Hertz, a transmission grid operator in Germany."
- [offshore-energy.biz](https://www.offshore-energy.biz/2023/09/29/nkt-and-prysmian-secure-e4-6-billion-in-cable-contracts-for-german-grid-connections), 2023-09-29: "NKT has been awarded a multi-year framework agreement with five firm contracts that have a combined value of approximately €3.5 billion and represent a new record for the company."
- [energyglobal.com](https://www.energyglobal.com/wind/02102023/50hertz-signs-contracts-with-nkt-and-prysmian-group/), 2023-10-02: "With these contracts, we are taking a major step towards enabling Germany to achieve the goal of climate neutrality by 2045."

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