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Prysmian receives the notice to proceed for the Italy-Tunisia electrical interconnector

categories: Corporate 

Milan, Italy   -   Jun 22, 2026 - 06:15 PM   -  

Prysmian has received from Terna, the Italian transmission operator, and STEG the Tunisian electricity grid and gas operator, the notice to proceed for the construction of the submarine power interconnection between Italy and Tunisia, ELMED.

The value of the contract is about €460 million and will now be included in Prysmian’s backlog of projects.

Further details can be found in the communication made at the time of the award, in September 2025.

Raul Gil, EVP Transmission, Prysmian: “We are now ready to turn this ambitious project into reality. Utilising Italian assets, such as Arco Felice, our submarine cable factory near Naples, our unique asset monitoring based out of Palermo, and our Italian installation know-how, including our flagship submarine cable laying vessels, we will bring the value of clean renewable generation from Tunisia into the Italian and European energy mix, helping to bring down reliance on fossil fuels, while Tunisia will benefit significantly from direct access to Europe’s electricity grid, delivering the stable connection needed to fuel economic growth.”

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