Siemens' share of the order is around €170m ($184.8m). The industrial giant will provide the two 700MW HVDC converter stations while Prysmian will supply the 325km DC cable. The value of the contract for Prismian's share is €250m
"One main purpose of the Cobra cable is to promote competition in the Northwest European energy market, which will ultimately benefit consumers," says TenneT chief executive Mel Kroon.
"Because
