CARY – Swiss firm ABB Group, with US headquarters in Cary, has landed a $100 million contract with one of South America’s largest utilities company.
It’s the send big deal for ABB in recent weeks, following the landing of a contract for a major upgrade to power systems in China.
The power company has signed a five-year framework with Interconexion Electrica S.A. E.S.P. (ISA), which currently operates over 62,000 kilometers of power transmission infrastructure on the continent.
To protect the electrical network and help prevent power outages, ABB has agreed to supply shunt reactors, gas-insulated switchgear (GIS), air-insulated switchgear (AIS) equipment such as circuit breakers, instrument transformers and hybrid modules.
“ABB Power Grids is shaping the future of sustainable energy and our purpose is fully aligned with ISA’s goal of ensuring a sustainable power supply in South America and mitigating climate change,” said Claudio Facchin, president ABB Power Grids, in a statement. “Our pioneering technologies are extending access to affordable, reliable, sustainable and modern energy for all, increasing efficiency and competitiveness, whilst paving the way for bulk renewable integration and an interconnected global grid.”
ABB currently has more than 2,000 employees in the Triangle.
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