Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Red Electric Building Mallorca Electricity Cable, Expansion Says

Feb. 18 (Bloomberg) -- Red Electrica Corporacion SA expects to complete the installation within a few months of a 240 kilometer (150-mile) electricity cable between the Spanish mainland and the island of Mallorca, Expansion reported.

The link, with a 400-megawatt capacity, will run along the bottom of the Mediterranean sea as much as 1,485 meters below the surface, making it the world’s second-deepest after the power cable between Sardinia and the Italian mainland, the report said, citing the Spanish power-grid operator.

The project, built by Italy’s Prysmian and Nexans of Norway, is budgeted at 375 million euros ($509 million) and is scheduled to enter operation in 2012, the report said. It’s part of a 530 million-euro plan that includes a possible link from Mallorca to Ibiza, an adjacent island in the Spanish Balearics, Expansion said.

Click here for web link

To contact the editor responsible for this story: Todd White at twhite2@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.