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Fingrid awards €478M power transformer contract to seven companies · Endata

◂ Announcements

Feb 26, 2026CONTRACTHelsinki, Finland

Fingrid awards €478M power transformer contract to seven companies

Fingrid Oyj awarded a €478,144,193 contract for four 400 kV 400 MVA power transformers (with options for eight more and spare parts) to seven winners: Energel Oy, Getra Power S.p.A., Grid Solutions Oy, HD Hyundai Electric Co., Ltd., Hitachi Energy Finland Oy, Hyosung Heavy Industries Corporation, and Tamini Trasformatori S.r.l.

Value

$502.0M (478.1M EUR)

Status

Completed

Products400 kV 400 MVA power transformers

CompaniesHyosung Heavy Industries supplier HD Hyundai Electric supplier Getra Power SpA supplier Fingrid customer Tamini Trasformatori supplier Grid Solutions supplier Energel Oy supplier Hitachi Energy Finland Oy supplier

Sectors#Electrical Equipment

“This procurement consists of a turnkey delivery of four (4) 400 kV 400 MVA 410/120/21 kV power transformers.”tenderroster.com

1 source
tenderroster.com400 kV 400 MVA Power Transformers 2029-2032 – contract awardFeb 26, 2026

Summarized from public sources; check the original articles before acting on it.

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