Prysmian crowned No.1 for sustainability as Great Sea project hangs over Nexans - Feb 19, 2026

As of February 19, today’s news is dominated by Prysmian’s notable sustainability recognition, while Nexans falls after missing earnings expectations and cash flow guidance. Prysmian has been included in this year's S&P Global Sustainability Yearbook in the "Top 1%" distinction category in Electrical Components & Equipment industry, the company said in a statement. The distinction reflects Prysmian’s relative performance in the S&P Global Corporate Sustainability Assessment and is based on the group’s 2025 CSA Score of 86/100, as of February 11, 2026. Prysmian has been recognized as number one in its category, which looks across the entire industry reviewed by S&P Global, with 150 companies assessed. Schneider Electric ranked second with a score of 85, while Nexans recorded a CSA score of 61. Meanwhile, Nexans shares drop as much as 9.4%, the most in over two months, after earnings guidance from the electrification specialist mildly undershot expectations, while its free cashflow goal left analysts disappointed. The earnings guidance has excluded any contribution from the Great Sea Interconnector project, and analysts say the focus on this morning’s call will be on the project and how it will compensate for the shortfall. In other market updates, a report by Germany’s cartel office indicates that the power market’s growing reliance on major producers such as RWE, LEAG, and EnBW poses increased supply risks. The shift from flexible power sources has left essential plants critical in managing demand, especially as Germany continues to phase out coal in its energy strategy. The solar industry is undergoing a shift as manufacturers seek alternatives to silver, a crucial component in solar panel production, due to soaring prices and decreased margins. The demand for silver, exacerbated by significant recent price increases, has prompted a search for cost-effective substitutes like copper. Finally, shifting to geopolitical developments, U.S. President Donald Trump reported a total of 7 billion dollars raised for the reconstruction fund for Gaza during the first meeting of his Board of Peace, although the effectiveness of this initiative remains in question amid ongoing conflicts.