Iljin Electric secures $150M transformer supply deal in US

Iljin Electric signed a transformer supply contract worth about 198 billion won ($150 million) with a major US renewable energy developer. The company will supply 24 transformers, including 525 kV extra-high-voltage units, through Q3 2029.

“Iljin Electric said on Monday it has signed its largest-ever single supply contract in the United States, bolstering its presence in the North American power equipment market.”ajupress.com

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• ajupress.comSouth Korea's Iljin Electric secures largest-ever power equipment deal, valued at $150 million | Aju PressLee Nak-yeongJan 5, 2026

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