TenneT "Offshore All Risk Program" - Property Damage Insurances for Offshore Assets

# General Description TenneT intends to procure insurance cover for it's offshore assets with a new Property Damage Insurance Policy (policy inception date 1st January 2025). The OAR Program (offshore all risk insurance / Property Damage offshore) includes: Property insurance for all current and future German and Dutch offshore grid connection assets as currently insured in the Offshore Machinery policy “Offshore Property Package Policy” NorNed - Cobra - NordLink and possible future interconnectors. The offshore assets are defined as the substation/converterstation at sea - the cable connecting this station to the landstation and the landstation forming part of this connection. Accordingly the tender will be set up in 3 lots - which will follow each other: Lot 1: Primary lead insurer (Mercell tender T91248)...