The EQUANS-Smulders joint venture (originally ENGIE Fabricom/Iemants before corporate restructuring) was awarded the EPCI contract by TenneT for the Hollandse Kust Noord 700 MW offshore AC transformer substation in March 2020. The JV was also awarded the HKW Alpha and HKW Beta platforms under the same framework. TenneT took control of the completed HKN platform in June 2023.