Two ge-led consortiums in agreement with tennet for the award of contracts totaling approx. 10 bln euros to build state-of-the-art hvdc systems for tennet's 2gw program in the netherlands and germany

Paris--(business wire)-- #gegrid--ge renewable energy's grid solutions business (nyse: ge) announced today that it has been awarded three high-voltage direct current (hvdc) contracts for a total of approximately 6 billion euros as part of a specially formed consortium with sembcorp marine for tennet's innovative 2gw program in the netherlands. the contracts have been awarded as part of a five-year framework cooperation agreement with the possibility to extend for another three years.
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