HD Hyundai Electric wins KRW 213.6B power transformer order from Xcel Energy

HD Hyundai Electric's US subsidiary Hyundai Electric America signed a KRW 213.6 billion ($164 million) deal with Xcel Energy to supply power transformers for power plants in Texas, Colorado and Minnesota. Delivery is scheduled between 2025-2027.

“It marks the company's single-largest contract since 2017 when HD Hyundai Electric was spun off from Hyundai Heavy Industries Co.”en.yna.co.kr

• 3 sources
• en.yna.co.krHD Hyundai Electric wins orders for power transformers | Yonhap News AgencyYoung-Sup KwakJun 27, 2023
• koreaherald.comHD Hyundai Electric scores W290b contracts in US, Europe - The Korea HeraldKan Hyeong-wooJun 27, 2023
• m.koreaherald.comHD Hyundai Electric scores W290b contracts in US, EuropeKan Hyeong-wooJun 27, 2023

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