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Hyosung Heavy Industries secured contracts worth approximately $170 million (230 billion won) for extra-high-voltage power equipment in the UK, Sweden, Spain, and Norway. The contracts include a 120 billion won agreement with Scottish Power Energy Networks for wind power-related transformers, a 50 billion won order from a Swedish distributor, and 60 billion won in contracts in Spain.
Hyosung Heavy Industries signed a contract worth about 120 billion KRW with Scottish Power Energy Networks (SPEN) to supply ultra-high-voltage transformers for renewable energy connection projects in Scotland.