Dalekovod, JSC hereby informs the investment community that, following a public tender procedure, TenneT, the German transmission system operator (TSO), has selected Dalekovod's bid for the implementation of LOT1 – 380 kV Ovenstädt–Eickum project. The project includes the replacement of the existing insulator strings and conductors on the double-circuit 380 kV overhead transmission line between the Ovenstädt and Eickum substations, covering a total length of 45.4 kilometres. The project is scheduled to be implemented from 1 October 2026 to 30 September 2029, with a total contract value of EUR 135 million.