National Grid ESO awards contracts for £20bn of electricity grid upgrades
GBP20000M
Deal Value
National Grid ESO awarded contracts worth £20 billion to Siemens Energy, Hitachi Energy, and GE Vernova for electricity grid upgrades.
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Counterparts (4)
contractor
Siemens Energy
Siemens Energy is focused on driving the energy transition. They provide a wide array of products, solutions, and services across the energy value chain, supporting the decarbonization of energy systems.
Hitachi Energy
Hitachi Energy is committed to powering the world’s energy system to be more sustainable, secure, resilient, and affordable, making electricity more accessible to all and empowering societies to thrive. They provide technology and expertise to make the energy transition happen.
GE Vernova
GE Vernova is focused on electrifying and decarbonizing the world through its energy generation technologies and electrification systems. The company aims to reduce the carbon intensity of power systems and accelerate the transition to more reliable, affordable, and sustainable energy.
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Announced
May 2, 2024
Signed
Closed
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