# HELB contracted for electrical works at Velika 1 geothermal plant

HELB, as a Siemens sub-contractor, secured a contract for electrical works at the Velika 1 geothermal power plant in Velika Ciglena, Croatia. The total project investment is over €35 million.

- Type: Contract
- Announced: 2018-02-15
- Where: Velika Ciglena near Bjelovar, Croatia
- Value: $43.0M (35.0M EUR)
- Status: under construction
- Capacity: 16.5 MW gross, 10 MW net
- Products: electrical equipment, MV and LV cabinets, MV grids
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [HELB](https://endata.com/companies/30081.md)
- [Siemens](https://endata.com/companies/301.md) (customer)
- [MB Holding](https://endata.com/companies/30082.md) (investor)
- [Đuro Đaković](https://endata.com/companies/30083.md) (partner)

## Sources

- [helb.hr](https://www.helb.hr/en/helb-is-working-on-the-largest-geothermal-power-plant-in-croatia/), 2018-02-15: "It’s HELB’s biggest single contract so far, and the total project investment is over 35 million euros."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
