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

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 N