# HD Hyundai Electric wins $50M transformer order in Sweden

HD Hyundai Electric signed a 66.2 billion won ($49.6 million) contract to supply five 415 kV ultra-high voltage transformers to a Swedish power company, with sequential delivery by 2029.

- Type: Contract
- Announced: 2024-08-30
- Where: Sweden, Sweden
- Value: $49.6M
- Status: announced
- Products: ultra-high voltage transformers (415 kV)
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [HD Hyundai Electric](https://endata.com/companies/15628.md)
- [HD Hyundai Electric](https://endata.com/companies/15628.md) (supplier)

## Sources

- [kedglobal.com](https://www.kedglobal.com/electronics/newsView/ked202408300006), 2024-08-30: "South Korea's HD Hyundai Electric Co. said in a regulatory filing on Friday that it signed a 66.2 billion won ($49.6 million) contract to supply power equipment to a Swedish power company."
- [transformer-magazine.com](https://transformer-magazine.com/news/hd-hyundai-electrics-49-6-m-order-in-sweden/), 2024-09-03: "This is the company’s first power equipment order in Sweden, which competes with France for the position of Europe’s largest electricity exporter."

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