Investing.com — Italian cable maker Prysmian has signed a contract worth over €2.3 billion with SP Energy Networks and National Grid to build a power link between Scotland and England.

The project, called Eastern Green Link 4, will connect the electrical grids of Scotland and England, according to a company statement.

The deal represents a significant infrastructure project for the Italian firm, which specializes in energy and telecom cable systems.

Prysmian will be responsible for implementing the connection between the two UK nations as part of the agreement with the British energy companies.

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More information”https://uk.investing.com/news/company-news/prysmian-signs-23-billion-contract-for-uk-power-link-project-93CH-4482777