# Hyosung Heavy Industries wins $170M transformer contracts in Europe

Hyosung Heavy Industries secured contracts worth approximately $170 million (230 billion won) for extra-high-voltage power equipment in the UK, Sweden, Spain, and Norway. The contracts include a 120 billion won agreement with Scottish Power Energy Networks for wind power-related transformers, a 50 billion won order from a Swedish distributor, and 60 billion won in contracts in Spain.

- Type: Contract
- Announced: 2025-12-22
- Where: United Kingdom, Sweden, Spain, Norway, United Kingdom
- Value: $170.0M
- Status: announced
- Products: extra-high-voltage transformers, reactors
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Hyosung Heavy Industries](https://endata.com/companies/5898.md)
- [Scottish Power Energy Networks](https://endata.com/companies/89300.md) (customer)

## Sources

- [transformer-technology.com](https://transformer-technology.com/hyosung-heavy-secures-major-transformer-contracts-across-europe/), 2025-12-22: "Hyosung Heavy Industries has secured new contracts worth approximately $170 million for extra-high-voltage power equipment across several European markets."
- [transformer-magazine.com](https://transformer-magazine.com/news/hyosung-lands-155-m-grid-contracts/), 2025-12-25: "Hyosung Heavy Industries has won a series of new contracts for extra-high-voltage power equipment across Europe, with total orders valued at more than $155 M."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.