# Webuild resets Snowy 2.0 contract valued at AU$12 billion

Webuild, through its subsidiary Clough and Future Generation Joint Venture, signed a reset contract with Snowy Hydro Limited for the Snowy 2.0 project, valued at AU$12 billion (€7 billion), with commercial operation target by December 2028.

- Type: Contract
- Announced: 2023-09-14
- Where: Australia
- Status: announced
- Capacity: additional 200 MW capacity
- Products: renewable energy, hydropower
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Webuild](https://endata.com/companies/40756.md)
- [Clough](https://endata.com/companies/17505.md) (partner)
- [Snowy Hydro Limited](https://endata.com/companies/32902.md) (customer)

## Sources

- [webuildgroup.com](https://www.webuildgroup.com/en/media/press-releases/webuild-orders-acquired-being-finalised-australia-eu73-bln-year-date-order/), 2023-09-14: "The Snowy 2.0 project reset valued at €7 billion (AU$12 billion) with delivery date set for 2028."

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