3 min read

Apr 26, 2023
Apr 26, 2023

news & press releases

Invenergy Transmission and Prysmian Announce Long-Term Supply Agreement and Manufacturing Facility Expansion, Bolstering America’s Electricity Transmission Supply Chain

CHICAGO (April 26, 2023) – Invenergy Transmission – an affiliate of American-led Invenergy, the leading privately-held developer, owner, and operator of sustainable energy solutions – and Prysmian Group North America – a world leader in energy and telecommunications cable systems – today announced a long-term supply agreement that includes a $22.5 million investment to expand domestic manufacturing capacity of advanced transmission conductor technology. The expansion of Prysmian’s existing manufacturing facility in Williamsport, Pennsylvania, funded in substantial part by the supply agreement with Invenergy Transmission, will create at least 27 new jobs in Lycoming County, Pennsylvania and retain 407 jobs statewide, including 250 jobs at the project site.

Conductors are the metallic lines that electricity travels along on transmission infrastructure projects, and they are a critical technology for the reliability and resilience of the U.S. power grid. Through this long-term supply agreement, Prysmian will supply up to 12,500 miles of overhead conductor cable through 2029 to support Invenergy’s portfolio of long-distance high-voltage direct-current (HVDC) transmission projects in the U.S. Invenergy Transmission expects the conductor order to support projects including the Grain Belt Express and New Mexico North Path lines. The 5,000-megawatt Grain Belt Express project will improve affordability and reliability for consumers across four vital U.S. power grids, including the regional grid that serves Pennsylvania, the PJM Interconnection.

“High-voltage direct current transmission has the potential to reshape our country’s power grid by providing unmatched reliability and resilience,” said Shashank Sane, executive vice president and head of transmission at Invenergy. “Through this long-term supply agreement with Prysmian, Invenergy Transmission is securing the best technology for our transmission projects to deliver electricity Americans can count on while also supporting U.S. manufacturing jobs and bolstering key parts of the clean energy supply chain.”

This expansion will double the United States’ ability to manufacture advanced transmission conductors with E3X® technology. Prysmian’s E3X® advanced conductor technology increases the capacity, efficiency, and reliability of transmission lines, allowing for more electric power to be transmitted with low losses and delivered across long distances without expanding the physical footprint of the project. The facility expansion includes a 51,000-square-foot addition to the existing building to create more manufacturing space, and a retention pond to handle increased stormwater run-off.
“This agreement between Prysmian and Invenergy will bring new jobs to Pennsylvania and help support the Commonwealth’s role in the clean energy industries and technologies of the future,” said Acting Secretary of the Pennsylvania Department of Community and Economic Development (DCED) Rick Siger. “The companies’ investments in domestic manufacturing and jobs to produce advanced transmission conductor cabling will provide American energy consumers with more access to affordable, reliable, clean energy. The DCED team is pleased to have worked work with both partners on this important manufacturing facility expansion.”
Related insights

Clean Energy

  • Wind
  • Solar
  • Storage
  • Offshore Wind
  • Transmission
  • Clean Hydrogen
  • Clean Water
  • Natural Gas

© 2023 Invenergy

  • Privacy

  • Terms of Service

  • Compliance