Prysmian Agrees Framework Agreement With Enedis To Modernise The French Power Grid

• Prysmian is the partner selected by Enedis to supply the full range of medium-voltage cables to unlock a low-carbon power grid in France
• Prysmian will utilize its French factories in Gron and Montereau to ensure supply over a 7-year period of modernization for the French grid

Prysmian has signed a contract worth up to €550 million to become the supplier of the full range of medium-voltage cables for Enedis, over a seven-year period (2026-2032), which includes three optional years.

Prysmian has been a long-term partner to Enedis, and the signature reinforces French manufacturing excellence as Prysmian commits to supply cables from its Gron (Yonne) and Montereau-Fault-Yonne (Seine-et-Marne) sites.

Walking the talk – action to boost recycling of critical materials and a power grid that sets the European standard in low carbon emissions

Prysmian and Enedis share a common commitment to accelerating the adoption of circular business practices, such as using recycled materials – including critical materials such as base metals - and the overall reduction of carbon emissions across the grid thanks to renewables. The investment from Enedis includes specialized cables that can be easily integrated to the network to maximize the adoption of renewables in a simple, efficient and cost-effective way, bringing down overall carbon emissions – an area where France is already a European leader. This is fully in line with Prysmian’s strategic ambition to be Net-Zero in Scope 3 emissions by 2035.

As part of Prysmian’s ‘Accelerating Growth’ strategic plan, Prysmian is working to achieve over 55% of revenues from sustainable solutions by 2028, and this agreement will see the adoption of circular solutions in the cables. Prysmian will include over 12% of recycled aluminum and over 30% of recycled copper in the cables and will also adopt recycled polyethylene for the jacket material – which is the protective covering of the cables.

Prysmian has over 2,500 employees in France, as well as 4 R&D centers and 9 production facilities.