Prysmian Secures Solar Power Deal with Edison in Italy

• Prysmian SpA partners with Edison Energia to power operations with solar energy, boosting sustainability and supporting Italy's clean energy transition.

Prysmian SpA, an Italian cable manufacturer, has secured an agreement with Edison Energia, a subsidiary of Edison SpA, to procure solar energy for its domestic operations. The power will be sourced from a 150-MWp solar park in Italy, aligning with Prysmian's sustainability goals.

This partnership underscores Prysmian's commitment to reducing its carbon footprint by utilizing renewable energy. The deal with Edison Energia is a strategic move to enhance energy efficiency and support Italy's transition to cleaner energy sources. This initiative is part of Prysmian's broader efforts to integrate sustainable practices into its business operations.

How does Prysmian's solar energy deal with Edison Energia support sustainability goals?

• Supports Prysmian's goal to achieve carbon neutrality by reducing reliance on fossil fuels.
• Contributes to Italy's national targets for increasing renewable energy usage.
• Enhances energy security by diversifying energy sources and reducing dependency on imported fuels.
• Promotes local economic development through investment in domestic renewable energy infrastructure.
• Encourages innovation and technological advancement in the renewable energy sector.
• Demonstrates leadership in corporate sustainability, potentially influencing other companies to adopt similar practices.
• Aligns with global sustainability frameworks and commitments, such as the Paris Agreement.
• Reduces operational costs in the long term by stabilizing energy prices and minimizing exposure to fossil fuel market volatility.