Astor Enerji Signs $33.8 Million U.S. Power Transformer Contract
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Astor Enerji A.S. has signed a USD 33,781,500 agreement with two U.S.-based companies to supply power transformers, with deliveries scheduled for 2027–2028.
The contract, valued at approximately TRY 1.65 billion at the prevailing exchange rate, represents about 4.7% of Astor Enerji’s 2025 year-end revenue. The company said the agreement is expected to have a positive impact on operations and reflects demand for its transformer products in international markets.
The order strengthens Astor Enerji’s export portfolio and expands its presence in the U.S. power infrastructure market. The company produces and supplies power transformers to domestic and international customers.
The agreement adds to Astor Enerji’s international transformer activities and customer base outside Türkiye, with deliveries extending through 2028.
Source: theglobeandmail.com
