ASTA Energy Solutions AG Expands Partnerships in Latin America

ASTA Energy Solutions AG has announced a long-term supply agreement with Prolec GE Vernova, following Prolec's acquisition by GE Vernova earlier this month. The agreement focuses on supplying Continuously Transposed Conductors (CTCs) for high-voltage transformers, crucial for energy infrastructure in Latin America. Additionally, ASTA has expanded its partnership with Brazilian firm TSEA Energy, highlighting its commitment to strengthening its market presence in the region.

The deals ensure a stable supply chain and foster technological cooperation, crucial amid current market dynamics and the energy transition. Dr. Karl Schäcke, CEO of ASTA Group, emphasizes the importance of these strategic agreements for long-term growth and reliability. Carlos Yanez of Prolec GE Vernova views these agreements as vital for sustaining Prolec's operational capacity and growth strategy in Latin America.