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

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.

Latest News

Shutterstock coal production trucks

Weekly Coal Production

The Weekly Coal Production shows how much coal is being produced across the U.S.

Federal Reserve Bank of Dallas Weekly Economic Indicators financial business

The Federal Reserve Bank of Dallas' Economic Indicators

The Federal Reserve Bank of Dallas offers a glimpse into how the markets are doing domestical...

Kvaerner awarded contract for gas-fired power plant in Delaware

Kvaerner North American Construction Inc. and its joint venture partner, Parsons Brinckerhoff...

Canadian Solar purchases two solar projects

Canadian Solar Inc. has acquired a majority interest in two utility-scale solar power project...

Operators Restart Unit 2 at PPL Susquehanna

Unit 2 at the PPL Susquehanna nuclear power plant near Berwick, Pa. resumed generating electr...

Settlement agreement limits cost recovery at Edwardsport

The Indiana Utility Regulatory Commission (IURC) on Dec. 27 modified and approved a settlemen...

Toshiba in talks to sell portion of Westinghouse nuclear unit

Toshiba Corp is in talks  to sell up to 16% of its stake in the Westinghouse Electric Co...

Utah nixes nuclear waste storage facility

Plans to park radioactive waste at a storage facility in Utah have been officially called off.

Archived Articles

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

Buyers Guide Categories

Power Engineering Current Issue

10/01/2014
Volume 118, Issue 10
1410pe-cover

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...

Buyers Guide Company Listings

SuperPower Inc

Develops high temperature, superconducting wire and devices for electric power generation, transmission, distribution and strorage, including power cables, transformers, fault current limiters, SMES and more.

Tech Products Inc

A global source for quality identification products including pole tags, transmission tower (aerial) markers and substation signs. Our focus is on making the best product.

Realtime Utility Engineers

Leading consulting engineering firm providing substation and transmission line engineering services to electric utilities, generation and wind developers nationwide. Complete project delivery of any scope and size.

Baldwin Filters

Manufacturer of air, oil, hydraulic, fuel, transmission, and coolant filters.

Power Industry Wire News

Landmark Settlement Protects Colorado Roan Plateau

Landmark Settlement Protects Colorado Roan Plateau

BeneVir Biopharm, Inc. Announces Investment From HC2's Subsidiary Pansend, LLC

BeneVir Biopharm, Inc. Announces Investment From HC2's Subsidiary Pansend, LLC

Eos Petro Announces Extension of Tender Offer for Any and All Outstanding Shares of Dune Energy

Eos Petro Announces Extension of Tender Offer for Any and All Outstanding Shares of Dun...

Eureka Hunter Pipeline Announces Expansion of Its Senior Secured Revolving Credit Facility

Eureka Hunter Pipeline Announces Expansion of Its Senior Secured Revolving Credit Facil...

Cardinal Resources Moving Forward in West Africa

Cardinal Resources Moving Forward in West Africa

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 >>


Power Engineering Newscasts

EPA chief: carbon caps will boost economy
Australia, Russia enter nuclear power agreement with Argentina
Largest battery energy storage in North America now operational
EPA chief: carbon caps will boost economy Largest battery energy storage in North America now operational Australia, Russia enter nuclear power agreement with Argentina Texas’ Panda Temple combined cycle plant up and running
Siemens agrees to acquire Dresser-Rand
Safety concrete poured at UAE nuclear reactor power project
Foster Wheeler to upgrade natural gas-fired power plant’s emission controls
GE, TransCanada partner on natural gas turbine design
Energy storage global market to grow to $15.6B by 2024; DOE awards $2M to support taller wind turbine towers; Hinkley Point C nuclear project have financial incentives approved; N.J. company building waste-to-energy project in Ireland