Among other assets, the deal includes GME’s Cable Enterprise installation vessel, which earlier this year re-entered European waters after a £28m ($44.9m) overhaul that allows it to bury high-voltage DC cables at far-shore wind projects, and is currently working at Gwynt y Mor.
The acquisition was born of Prysmian’s desire to focus on “higher value-added businesses”, explains chief executive Valerio Battista.
“Our
