GE Vernova-Seatrium consortium wins EURO 2 billion contract from TenneT

By Editor


GE Vernova and Seatrium have received a third contract worth EURO 2 billion from TenneT for the construction of a 2 GW High Voltage Direct Current (HVDC) electric offshore transmission system in the Netherlands.

The GE Vernova-Seatrium consortium in March 2023 inked a five-year framework cooperation agreement with TenneT to cover three projects — IJmuiden Ver Beta, IJmuiden Ver Gamma, and Nederwiek 2 — each valued at approximately EURO 2 billion.

The new contract is for the Nederwiek 2 project which is slated to begin in June 2024 and commissioning will be by 2031. The GE Vernova-Seatrium consortium received the contracts for IJmuiden Ver Beta and IJmuiden Ver Gamma in March 2023.

The HVDC system will support TenneT’s sustainability goal of connecting 40 GW of offshore wind energy in the German and Dutch North Sea and will serve the Nederwiek 2 offshore wind farm, located approximately 95 kilometers off the coast of the Netherlands.

GE Vernova’s Grid Solutions will be responsible for the engineering, procurement, construction, installation, and commissioning (EPCI) of the HVDC converter stations.

Seatrium’s scope of work will include the engineering, procurement, construction, transportation, installation, and commissioning of the 2 GW HVDC Offshore Converter Platform.

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