Areva T&D acquires power transformer manufacturer Megatran

22 October 2009 - Areva T&D is to acquire Megatran, the Canadian-based power transformer manufacturer.

The acquisition of Megatran, located in Saint-Jean-de-Richelieu, Québec Province, will extend AREVA T&D's power transformer industrial footprint to North America, increasing value for both utilities and industrial customers.

In turn, Megatran's production capacity is expected to increase by 50 per cent leading to the creation of new manufacturing and engineering jobs.

The acquisition, together with this agreement, will help Areva T&D become the number one player in Canada for power transformers up to 100 MVA.

Peter Huber, Megatran's President said, "Megatran's mission has always been to provide high quality, reliable power transformers under competitive commercial terms while remaining flexible to our customer's particular requirements.

"By joining Areva T&D, we will capitalize on its broad international commercial expertise and together improve our power transformers' performance, which will step-up production volumes. This is clearly an exciting opportunity for the local Québec economy."

Nathalie Normandeau, Québec's Deputy Premier, Minister of Natural Resources and Wildlife, and Minister responsible for the Northern Plan, said: "Consolidating AREVA's presence is good news for Québec because it secures a large portion of Hydro-Québec TransÉnergie's supply of power transformers rated under 100 MVA. Over the next five years, Hydro-Québec TransÉnergie plans to place orders worth over C$100m to equip its transmission grid."

Following the integration of the company, Megatran will become a new manufacturing unit within Areva T&D's global Power Transformers Product Line. Megatran's President, Peter Huber will remain a member of the new unit's senior management team.

The completion of the transaction is expected by early November.

Sponsored by FLSmidth

Related Articles

The Blockbuster Conundrum

Remember Blockbuster Video? Not too many years ago, Blockbuster was a business titan.

Gaelectric pursues FERC complaint over 460-MW wind project

The Federal Energy Regulatory Commission on April 29 will publish in the Federal Register a notice seeking comment on a complaint filed April 21 against NorthWestern Corp. by the developer of a 460-MW wind farm project in Montana.

Follow Power Engineering on Twitter

Latest News

GRDA Breaks Ground on Western Hemisphere’s First 501 J Series Gas Turbine

What will likely be the first Mitsubishi Hitachi Power Systems 501 J combined-cycle gas turbi...

Fitch downgrades bonds for Colver waste coal power plant in Pennsylvania

Fitch Ratings said Jan. 23 that, due to concerns about an "aging" power plant that ...

Blizzard warnings drive up Northeast gas, power prices

Spot power and natural gas prices surged for the Northeast as that region prepared for a majo...

OSU regents approve construction of new central plant

The Oklahoma State University Board of Regents has authorized construction of a new central p...
Gas Turbine Air Filtration

Power Engineering Photo of the Day

Duke Energy to build solar power facility at North Carolina military camp

Peabody Energy names new president, CEO

Peabody Energy (NYSE: BTU) announced that Glenn Kellow, current president and chief operating...

Vermont bill would set new standards for renewable energy

Vermont is considering a change to its energy policy that would end a practice that critics s...

Power Engineering Current Issue

03/01/2014
Volume 118, Issue 3
1403PE-cover

Products Showcase

Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013

Buyers Guide Categories

Buyers Guide Product Listings

Transmission Services

Blattner Energy is a diversified electrical gen...

Sargent & Lundy Engineering & Design Services

Our experience and capabilities for power deliv...

Power Industry Wire News

CAPiTA Super Corporation Announces New Factory

CAPiTA Super Corporation Announces New Factory

JC Data Solutions Witnesses an Increase in Transactions for Their Payment Manager Services

JC Data Solutions Witnesses an Increase in Transactions for Their Payment Manager Servi...

Paradigm Oil & Gas: Strong Start to 2015

Paradigm Oil & Gas: Strong Start to 2015

STWA Appoints Energy Industry Executive Thomas A. Bundros to Board of Directors

STWA Appoints Energy Industry Executive Thomas A. Bundros to Board of Directors

Ecosphere Technologies Announces Ozonix(R) Exclusive Technology Licensing Agreement With US H20, Inc.

Ecosphere Technologies Announces Ozonix(R) Exclusive Technology Licensing Agreement Wit...

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>