SOMERSET, Mass. (WPRI) — After years of getting all the necessary permits, Prysmian Group decided to no longer move forward with its new cable manufacturing plant at Brayton Point in Somerset, Massachusetts. The company says it made its decision after evaluating market opportunities in the U.S. "As a result of the consideration, including the strong growth opportunities in the U.S. and global cable markets, Prysmian has decided to not proceed with the purchase of the land in Somerset, and therefore will not proceed with the Brayton Point project," Prysmian said in a statement. The company refused to say whether President Donald Trump and his policies played a role in their decision. Trump has promised to declare the country's first national energy emergency during his first few days in office. The president intends to increase oil and gas production in the U.S. while taking a step back from other clean energy policies and offshore wind projects. Massachusetts U.S. Representative Jake Auchincloss, whose district includes Somerset, believes those incoming policies played a part in Prysmian's decision. "Donald Trump has unraveled that promise of good jobs by threatening a moratorium on offshore wind, generating so much uncertainty that companies pull back investment," Auchincloss said in a statement. President Joe Biden visited Brayton Point back in 2022 to highlight the project, saying Brayton Point was "on the frontier of clean energy in America." The $250 million cable manufacturing plant was supposed to help connect offshore wind farms with power grids on land. It was expected to bring hundreds of jobs to the Somerset area. The loss of the redevelopment project is another frustrating hit for a community that's already been facing a financial burden since the closure of its two power plants. "We need to get moving again," Economic Development Committee Chair Paul Cogley said during an economic update at the Board of Selectmen meeting on Jan. 15. At the time, the project was still in limbo, but Cogley said it was disappointing that the project hadn't broken ground in the last year. The committee is already working on a number of smaller projects to help, but there's not much the town can do when it comes to some of the large properties like Brayton Point. "We don't control those properties. We don't have the ability to tell them what to do with that land," Selectman Allen Smith explained at the meeting. "[It's] no different than anybody who owns a residential property." The town plans to contact the owners of Brayton Point to try to figure out what's next. A spokesperson with Commercial Development Company, Inc. told 12 News that the property will be put back on the market. It is still unclear when or what will become of the land. Massachusetts' Executive Office of Energy and Environmental Affairs says it's doubling down on its efforts to gain energy independence and meet the rising demand. Back in September, Governor Maura Healey announced the largest offshore wind selection in New England History. She mentioned back then that she was not worried about Trump's policies, since those investments had already been made. "Why would you want to kill tens of thousands of jobs? Why would you want to kill an opportunity for American energy independence?" Healey asked. "I want energy independence for Massachusetts. I want energy independence for America. This is part of how we get there." Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Daily Roundup SIGN UP NOW