EIB-Prysmian: €300 million agreement to accelerate energy security and digitalisation in Europe
Luxembourg, Dec. 1 -- The European Investment Bank (EIB) has approved a new €300 million financing package for Prysmian to support its European research and development activities for the 2025-2028 period, accelerating the adoption of new solutions to enable the energy transition and digital transformation. Prysmian and the EIB have signed the first tranche of €200 million.To foster the development of solutions and support the growing demand for renewable energy, Prysmian will use the resources provided by the EIB to develop high-performance, low-emission solutions to boost the overall performance of energy connections worldwide. These activities will focus on improving reliability, resilience, and security of power and telecom ...
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