ABB Gets Contracts for North Sea Wind Farms
October 30 2019 - 5:01AM
Dow Jones News
By Kim Richters
Engineering company ABB Ltd. (ABBN.EB) said Wednesday that it
has secured contracts to supply offshore wind farm technology in
the North Sea to SSE Renewables and Equinor (EQNR.OS).
The Swiss company will provide high-voltage direct-current
converter systems to connect the wind farms in the Dogger Bank
region in the North Sea to the U.K. transmission network, it
said.
ABB didn't disclose financial details for the deal, but a person
familiar with the matter said the combined contracts are valued at
up to $1 billion.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
October 30, 2019 04:46 ET (08:46 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
ABB (NYSE:ABB)
Historical Stock Chart
From Mar 2024 to Apr 2024
ABB (NYSE:ABB)
Historical Stock Chart
From Apr 2023 to Apr 2024
