# Pauwels Transformers wins $80.4M transformer supply contract with Belgian utilities

Pauwels Transformers NV, a subsidiary of Electrical Industries, signed an optional contract worth $80.4 million to supply distribution transformers to four Belgian electricity distribution companies, with manufacturing at Saudi Transformers Company in Dammam.

- Type: Contract
- Announced: 2024-09-03
- Where: Belgium
- Value: $80.4M
- Status: announced
- Products: distribution transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Pauwels Transformers](https://endata.com/companies/12226.md)
- [Electrical Industries](https://endata.com/companies/12225.md) (investor)
- [Fluvius System Operator](https://endata.com/companies/12227.md) (customer)
- [ORES Assets](https://endata.com/companies/12228.md) (customer)
- [Sibelga](https://endata.com/companies/12230.md) (customer)
- [RESA Innovation & Technology](https://endata.com/companies/79582.md) (customer)

## Sources

- [forbesmiddleeast.com](https://www.forbesmiddleeast.com/industry/energy/saudi-listed-electrical-industries-announces-deal-with-four-belgian-electricity-distribution-companies), 2024-09-03: "Saudi-based Electrical Industries' subsidiary, Pauwels Transformers NV, has signed an optional contract worth $80.4 million (SAR 302 million) to supply distribution transformers to four Belgian electricity distribution companies."

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