SMART WIRES RECIEVES ORDER OF $18 – 20 MILLION FOR A SECOND LARGESCALE PROJECT IN COLOMBIA
Smart Wires Technology Ltd today announced it has received a purchase order from ISA Transelca for a grid expansion project in the Atlantico region in Colombia. The order will have a net revenue of approximately $18-$20 million over 2022, 2023 and 2024, with energization date by June 2024.This project will consist of Smart Wires’ technology – SmartValve[TM] – installations on five 220 kV circuits within ISA Transelca’s asset base. This will enable an additional 300 MW of renewables to reliably connect to the grid. “We are proud to announce further progress in Latin America with ISA Group,