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ENDATA · Copyright (c) 2026 Endata · Data: CEPII BACI (Etalab 2.0), Federal Reserve G.17, U.S. BLS, Eurostat, World Bank (CC BY 4.0), GLEIF, SEC EDGAR; announcements summarized from the linked sourcesProspects Companies Sectors Announcements Countries

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Eastern Green Link 1 awards £1.8bn in contracts for UK cable project · Endata

◂ Announcements

Power Generation Equipmentworld trade 2024+2.1% 5Y CAGR

Dec 12, 2023CONTRACTTorness, East Lothian to Hawthorn Pit, County Durham, United Kingdom

Eastern Green Link 1 awards £1.8bn in contracts for UK cable project

Eastern Green Link 1 Ltd awarded a £750m contract to Prysmian Group for 400km of power cable and a £1bn contract to GE Vernova and MYTILINEOS for two HVDC converter stations. The contracts were announced on December 12, 2023.

Value

$2.29B (1.80B GBP)

Status

Announced

Capacity

2 GW

ProductsHVDC subsea transmission cableHVDC converter stations

CompaniesPrysmian supplier GE Vernova supplier MYTILINEOS Energy & Metals supplier Eastern Green Link 1 Limited customer

Sectors#Power Generation Equipment

“These contract awards are a major milestone for the project, with the design phase commencing in 2024 and construction in 2025.”nationalgrid.com

1 source
nationalgrid.comEastern Green Link 1 Ltd awards £1.8bn of contracts to deliver the UK’s first high-capacity east coast cable project | National GridDec 12, 2023

Summarized from public sources; check the original articles before acting on it.

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Jan 12, 2024CONTRACTBicker Fen, Lincolnshire, UK and Revsing, South Jutland, Denmark, United Kingdom
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Jan 11, 2024CONTRACTGermany (SuedLink: Wilster to Bergrheinfeld; A-Nord: Emden to Osterath; SuedOstLink: Isar to southern Germany), Germany$1.96B
Prysmian awarded €1.8B in contracts for German SuedLink, SuedOstLink and A-Nord projects
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