Siemens Energy, Asta Group Extend Supply Deal Through 2032
Idag, 10:17
Idag, 10:17
04:17 AM EDT, 05/20/2026 (MT Newswires) -- Siemens Energy (ENR.F) and Austria-based energy infrastructure company Asta Group extended their long-term supply agreement through 2032 ahead of schedule, according to a Wednesday release.
Under the extended deal, Asta will continue supplying all of the German company's European transformer plants with custom-manufactured continuously transposed conductors, as well as specialized copper and conductor components used in high-voltage applications.
The companies said the extension strengthens supply chain security and supports long-term planning and joint growth.
Idag, 10:17
04:17 AM EDT, 05/20/2026 (MT Newswires) -- Siemens Energy (ENR.F) and Austria-based energy infrastructure company Asta Group extended their long-term supply agreement through 2032 ahead of schedule, according to a Wednesday release.
Under the extended deal, Asta will continue supplying all of the German company's European transformer plants with custom-manufactured continuously transposed conductors, as well as specialized copper and conductor components used in high-voltage applications.
The companies said the extension strengthens supply chain security and supports long-term planning and joint growth.
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