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Seatrium consortium wins contract to link Germany's grid with North Sea wind power
The Straits Times
|December 13, 2025
A consortium comprising Seatrium and GE Vernova was on Dec 1l awarded a contract by European transmission operator TenneT to connect North Sea wind power to Germany's power grid.
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It brings Seatrium's value of new contracts won to date for financial year 2025 to more than $4 billion.
The contract is also the fourth project won by the consortium under the five-year framework cooperation agreement with TenneT announced in March 2023.
Seatrium's shares jumped on the news, with the stock closing up 2.4 per cent at $2.13 on Dec 12.
The contract is for the delivery of a major part of BalWin5, a 2.2 gigawatt (GW) offshore high-voltage direct-current (HVDC) grid connection.
BalWin5 is one of two 2GW projects by TenneT, which will strengthen Germany's electric infrastructure and support the country's goals for energy security and decarbonisation.
यह कहानी The Straits Times के December 13, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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