Geosolutions Secures €28M Terna Contract for HVDC Marine Surveys in Italy
Severity: Low (Score: 3.1)
Sources: Indexbox, Oedigital
Summary
Geosolutions, also known as NextGeo, has been awarded a contract exceeding €28 million for preliminary marine surveys related to a new high-voltage direct current (HVDC) link connecting Milan and Montalto di Castro. The contract was granted by Terna, Italy's grid operator, as part of the Hypergrid initiative aimed at enhancing energy transmission between Northern and Central-Southern Italy. The consortium led by Geosolutions includes partners such as CONISMA, Poliservizi, and CIBM, with Geosolutions holding an approximately 84% stake. The project will involve detailed seabed surveys over a 280 km route to assess various environmental factors, including seabed morphology and marine ecosystems. Operations are set to commence in the latter half of 2026 using multiple survey vessels. This contract follows a European tender process initiated in May 2025, where the consortium achieved the highest score in the evaluation. Key Points: • Geosolutions awarded a €28M contract for HVDC marine surveys in Italy. • The project aims to enhance energy transmission between Northern and Central-Southern Italy. • Operations for the marine surveys are expected to begin in the second half of 2026.