# Prysmian finalises €125M submarine cable contract with IPTO for Crete-Peloponnese link

Prysmian Group finalised a €125 million contract with IPTO for the design, supply, installation and commissioning of a 135 km submarine power cable connection between Crete and the Greek mainland.

- Type: Contract
- Announced: 2023-12-22
- Where: Crete and Peloponnese, Greece
- Value: $142.0M (125.0M EUR)
- Status: announced
- Capacity: 135 km submarine cable
- Products: submarine power cable system
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Prysmian](https://endata.com/companies/968.md) (supplier)
- [Independent Power Transmission Operator](https://endata.com/companies/37094.md) (customer)

## Sources

- [prysmian.com](https://www.prysmian.com/en/press-releases/prysmian-finalises-125m-contract-with-ipto), 2023-12-22: "We are very proud to be part of such a strategic project that shall create this important link between Crete and the Greek mainland for the very first time."

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