# GE-led consortiums awarded ~10 billion euro HVDC contracts by TenneT

GE Renewable Energy's Grid Solutions, in consortium with Sembcorp Marine, was awarded three HVDC contracts worth ~6 billion euros for TenneT's 2GW program in the Netherlands. A separate GE-led consortium with McDermott has an agreement for two further contracts worth ~4 billion euros in Germany.

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

## Companies

- [GE Renewable Energy](https://endata.com/companies/3506.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

- [advfn.com](https://www.advfn.com/stock-market/NYSE/GE/stock-news/90637983/two-ge-led-consortiums-in-agreement-with-tennet-fo), 2023-03-30: "TenneT's innovative High-Voltage Direct Current (HVDC) 2GW Program in the Dutch and German North Sea is one of the most important infrastructure projects of the century"

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