SGX:5E2Machinery
Did Winning TenneT’s BalWin5 HVDC Deal Just Shift Seatrium’s (SGX:5E2) Investment Narrative?
Seatrium Limited and its consortium partner GE Vernova recently secured a major contract from European grid operator TenneT to deliver the BalWin5 offshore wind HVDC grid connection in Germany, including the design, construction, transportation, and installation of the offshore converter platform from its Singapore and Batam yards starting in 2026.
This award, under a five-year repeatable framework, reinforces Seatrium’s push into offshore renewables infrastructure and adds further...