# Ansaldo Energia and ABB win €70M grid contract from Terna

Terna has awarded a €70 million order to Ansaldo Energia and ABB to supply three synchronous condensers for Italy's power grid. Ansaldo will design, supply and install the units in central and southern Italy in 2022.

- Type: Contract
- Announced: 2020-02-26
- Where: central and southern Italy, Italy
- Value: $76.3M (70.0M EUR)
- Status: announced
- Products: synchronous condensers
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Ansaldo Energia](https://endata.com/companies/5573.md)
- [ABB](https://endata.com/companies/1547.md) (partner)
- [TERNA](https://endata.com/companies/8972.md) (customer)

## Sources

- [gastopowerjournal.com](https://gastopowerjournal.com/news/projectsandfinance/ansaldo-abb-win-70-million-contract-to-improve-italian-power-grid/), 2020-02-26: "Terna, operator of Italy’s high-voltage power transmission grid, has awarded a 70 million Euros order to Ansaldo Energia and ABB to improve the quality of grid services."

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