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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.
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