6 August 2002 – VA Tech Peebles Transformers, a subsidiary of the VA Tech Transmission & Distribution (VA Tech T&D) group has secured a bulk supply contract worth approximately €15m with the UK’s National Grid Co., to provide 400kV Autotransformers to various sites.

The Autotransformers rated at 240MVA, 400/132kV and 276MVA, 400/132kV will be manufactured in the recently opened VA Tech Peebles Transformers facility, located within the Port of Leith, Edinburgh. The state-of-the-art factory is ideally suited for the rapid deployment of large power transformer equipment.

The contract is long-term, continuing until the end of 2005 and in addition to the assigned work, also includes an option for the supply of strategic spare transformers.

Klaus Brenner, Chairman of the Board of VA Tech T & D said, “This is another significant order for VA Tech T & Dand one which will further reinforce the relationship with one of our major customers, the National Grid Co.”