Transaction details

Ethica Debt Advisory advised Prysmian PowerLink in obtaining a subsidized loan and a non-repayable grant provided by Invitalia

Ethica Debt Advisory advised Prysmian PowerLink in obtaining a subsidized loan and a non-repayable grant provided by Invitalia, to support productive sites’ development.

Prysmian Group is a global player operating in the business of underground and submarine cables and systems for power transmission and distribution, special cables for applications in various industrial sectors. With nearly 140 years of experience, Prysmian reported a turnover of approximately €7,5 bln, over 21.000 employees in 50 countries and 82 production plants.

The financing is intended to support investment plan aimed at improving productive chain efficiency in submarine cables through new technologies as well as innovative equipment in 3 plants located in Campania.