# GE Vernova-led consortiums awarded €10B HVDC contracts from TenneT

GE Vernova Renewable Energy's Electrification business, as part of two consortiums (with Sembcorp Marine and McDermott), has been awarded contracts totaling approximately €10 billion from TenneT to build HVDC systems for the 2GW Program in the Netherlands and Germany.

- Type: Contract
- Announced: 2023-03-30
- Where: Netherlands and Germany, Netherlands
- Value: $10.8B (10.0B EUR)
- Status: announced
- Products: HVDC converter stations and offshore platforms
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [GE Vernova](https://endata.com/companies/2947.md)
- [TenneT](https://endata.com/companies/272.md) (customer)
- [Sembcorp Marine](https://endata.com/companies/827.md) (partner)
- [McDermott](https://endata.com/companies/1650.md) (partner)

## Sources

- [gevernova.com](https://www.gevernova.com/electrification/news-press/two-ge-vernova-led-consortiums-agreement-tennet-award-contracts-totaling-approx-10-bln), 2023-03-30: "We are delighted to be working with GE Vernova and their consortium partners as part of TenneT’s 2GW Program."

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