The invention relates to a modular multilevel
voltage converter (10) comprising three arms (a, b, c), each comprising an upper half-arm and a
lower half-arm, wherein each half-arm comprises a chain of individually controllable submodules of formula (I), and wherein the converter further comprises a
control unit (30) comprising at least one AC control module (40), a
DC control module (52), and a modulation member (58) that is configured to deliver modulation
signal setpoints for controlling the control members of the submodules of the upper and
lower half-arms, wherein the modulation
signal setpoints are delivered on the basis of voltages across the terminals of the capacitors of the submodules of the upper and
lower half-arms and on the basis of modulation
voltage setpoints applied to the upper and lower half-arms, and wherein the modulation
voltage setpoints depend on a modulation voltage alternating component
setpoint delivered by the AC control module, a modulation voltage common-mode component
setpoint delivered by the
DC control module, and a modulation voltage homopolar common-mode component
setpoint, which depends on the voltages across the terminals of the capacitors of the submodules of the upper and lower half-arms.