# HD Hyundai Electric wins KRW 79.2B power transformer order from Semco Maritime

HD Hyundai Electric signed a KRW 79.2 billion contract with Danish project engineering firm Semco Maritime to supply power transformers for offshore substations for a Polish offshore wind farm in the Baltic Sea.

- Type: Contract
- Announced: 2023-06-27
- Where: Baltic Sea, Poland
- Value: $61.0M (79.2B KRW)
- Status: announced
- Products: power transformers for offshore substations
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [HD Hyundai Electric](https://endata.com/companies/15628.md)
- [Semco Maritime](https://endata.com/companies/26749.md) (customer)

## Sources

- [en.yna.co.kr](https://en.yna.co.kr/view/AEN20230627004700320), 2023-06-27: "HD Hyundai Electric said it will step up efforts to find new business opportunities by keeping close tabs on the growing global renewable energy market."
- [koreaherald.com](https://www.koreaherald.com/article/3154206), 2023-06-27: "HD Hyundai Electric secured another contract worth 79.2 billion won with Danish offshore wind power company Semco Maritime to supply transformers for offshore substations and relevant equipment."
- [m.koreaherald.com](https://m.koreaherald.com/article/3154206), 2023-06-27: "HD Hyundai Electric secured another contract worth 79.2 billion won with Danish offshore wind power company Semco Maritime to supply transformers for offshore substations and relevant equipment."

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