# Tsea Energia invests R$50M to modernize and expand plants in Contagem and Betim

Tsea Energia will invest approximately R$50 million by 2025 to modernize and expand its two units in Contagem and Betim, Brazil. The investment is expected to create over 300 jobs and increase production of power transformers and related equipment.

- Type: Investment
- Announced: 2023-05-31
- Where: Contagem and Betim, Minas Gerais, Brazil
- Value: $10.0M (50.0M BRL)
- Jobs: 300
- Starts operating: 2025
- Status: announced
- Products: power transformers, reactors, voltage regulators, mobile substations, compact substations
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Tsea Energia](https://endata.com/companies/70587.md)

## Sources

- [agenciaminas.mg.gov.br](https://agenciaminas.mg.gov.br/noticia/fabricante-de-equipamentos-eletricos-investe-para-modernizar-e-aumentar-producao-nas-unidades-de-contagem-e-betim), 2023-05-31: "A Tsea Energia vai investir, até 2025, cerca de R$ 50 milhões em suas duas unidades, nas cidades de Contagem e Betim, na Região Metropolitana de Belo Horizonte (RMBH)."

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