The market for offshore wind is changing direction, and it's not blowing Somerset's way. How did its $300M Prysmian deal fall ...

Prysmian Group announced Friday that it has decided to abandon plans for a manufacturing plant in at Brayton Point in ...

The plant would make electrical cables to connect the windmills to the town’s grid infrastructure, which had connected to New ...

Somerset was set to earn up to $14 million a year in tax revenue from the canceled plant, which would've brought 250 jobs to ...

The proposed offshore wind cable factory would have created between 200 and 350 manufacturing jobs at the site of an old coal ...

Italy's Prysmian will abandon a plan to build a plant in the United States to make cables for offshore wind parks, the group ...

Prysmian has recently been in the spotlight for the high energy consumption required for AI data centers, through its ...

The global power cable manufacturer announced the plans for the manufacturing facility for subsea transmission cables in 2021 ...

SOMERSET — The loss of a $300 million Prysmian Group undersea cable factory last week signaled a reverse in the development of Brayton Point Commerce Center, coming as a shock to residents’ ex ...

SOMERSET — Prysmian Group announced Friday it has decided to abandon its plans to locate a manufacturing plant in Somerset, where it would have built undersea cables for wind farms ...

This story has been updated to add more information. SOMERSET — Prysmian Group announced Friday it has decided to abandon its plans to locate a manufacturing plant in Somerset, where it would ...

SOMERSET — Prysmian Group announced Friday it has decided to abandon its plans to locate a manufacturing plant in Somerset, where it would have built undersea cables for wind farms. Representatives ...