PRESS RELEASE

DYNAMIC CABLE TO CONNECT KINCARDINE FLOATING OFFSHORE WIND FARM IN THE UK

PROJECT MARKS PRYSMIAN ENTRY INTO FLOATING OFFSHORE WIND FARM SECTOR

Milan, 24 January 2018 - Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded a new contract by Cobra Wind International Ltd to provide the cable system to connect the Kincardine Floating Offshore Wind Farm to mainland UK.

This is the Group's first cable project for a floating offshore wind farm which foresees the design and supply of two export cables as well as inter-array cables. The cable will also be provided with all associated cable accessories in order to connect the turbines of the Kincardine Floating Offshore Wind Farm, situated approximately 15 km southeast of Aberdeen, to the Scottish mainland power grid. Installation is planned during 2018 and 2019.

Prysmian will be responsible for the supply of each export cable which is made up as a single cable length to run along an approximate 17 km route consisting of a static cable design combined with around 0.5 km dynamic cable route section to complete the connection to the floating turbine tower.

The 33 kV three-core submarine cable will utilise an EPR insulation system throughout, with the static section length finished with single wire armouring whereas the dynamic section will apply a double wire armoured design.

The submarine cables will be produced at the Group plants in Vilanova, Spain, and Drammen, Norway.

"The cable contract for the Kincardine Floating Offshore Wind Farm is an important technological milestone for Prysmian as our first project for a floating offshore wind farm" stated Alessandro Panico, Sales Team Manager - Offshore Wind, Prysmian Group, continuing "We recognise the continued growth in this developing segment of the market which is of particular strategic interest for our business".

The Group has also recently announced the availability of its production facility in Wrexham (UK) for the manufacture of both 33 kV and 66 kV submarine cable cores used for the inter-array cable connections in offshore wind farms, confirming investment plans that will enable further growth in the business, sustain and create local jobs and provide UK-manufactured cables to UK and European next-generation offshore wind farms.

Prysmian Group

Prysmian Group is world leader in the energy and telecom cable systems industry. With nearly 140 years of experience, sales of over €7.5 billion in 2016, 21,000 employees across 50 countries and 82 plants, the Group is strongly positioned in high-tech markets and offers the widest possible range of products, services, technologies and know-how. It operates in the businesses of underground and submarine cables and systems for power transmission and distribution, of special cables for applications in many different industries and of medium and low voltage cables for the construction and infrastructure sectors. For the telecommunications industry, the Group manufactures cables and accessories for voice, video and data transmission, offering a comprehensive range of optical fibres, optical and copper cables and connectivity systems. Prysmian is a public company, listed on the Italian Stock Exchange in the FTSE MIB index.

Media Relations

Investor Relations

Lorenzo Caruso

Cristina Bifulco

Corporate and Business Communications Director

Investor Relations Director

Ph. 0039 02 6449.1

Ph. 0039 02 6449.1

lorenzo.caruso@prysmiangroup.com

mariacristina.bifulco@prysmiangroup.com

Prysmian S.p.A. published this content on 24 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 January 2018 15:09:11 UTC.

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