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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.
Prysmian, in consortium with Siemens, won a record contract worth about €800 million to build the Western HVDC submarine interconnector between Scotland and England for NGET/SPT Upgrades Ltd. The total project value is about €1.1 billion, with commissioning scheduled for late 2015.