# GE Vernova to build $200M HVDC equipment plant in Hai Phong, Vietnam

U.S. energy group GE Vernova plans to invest about $200 million in a high-voltage direct current (HVDC) equipment manufacturing plant in Hai Phong, Vietnam. The plant will manufacture large power transformers for HVDC projects.

- Type: New facility
- Announced: 2019-08-22
- Where: Hai Phong, Vietnam
- Value: $200.0M
- Status: announced
- Products: high-voltage direct current (HVDC) equipment, large power transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [GE Vernova](https://endata.com/companies/2947.md)

## Sources

- [en.vcci.com.vn](https://en.vcci.com.vn/economic-news/ge-vernova-to-build-200-mln-plant-in-northern-vietnam-supply-equipment-for-countrys-lng-power-projects-115992), 2019-08-22: "U.S. energy group GE Vernova has unveiled plans to invest about $200 million in a high-voltage direct current (HVDC) equipment manufacturing plant in the northern port city of Hai Phong, and to supply equipment for several of Vietnam’s strategic LNG power projects."

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