The Hitachi Energy and Petrofac pairing and three consortia — GE with Sembcorp Marine; GE with McDermott; and Siemens Energy with Dragados — have signed contracts in Berlin to formalise Europe’s largest-ever tender award for energy transition infrastructure.

The total volume of the contracts for the components of the 14 high voltage direct current (HVDC) substations amounts to around €30 billion ($33 billion). The offshore wind projects in the German and Dutch sectors of the North Sea that will generate as much electricity as 28 large-scale power plants, McDermott said.