HD Hyundai Heavy Industries Signs 956 Billion KRW Engine Generator Supply Contract with U.S. Corban Energy Group
HD Hyundai Heavy Industries has signed a large-scale engine generator supply contract targeting the U.S. power generation market. According to HD Hyundai Heavy Industries on the 10th, the company recently signed an engine generator supply contract worth a total of 956 billion KRW with U.S.-based Co

HD Hyundai Heavy Industries has signed a large-scale engine generator supply contract targeting the U.S. power generation market.
According to HD Hyundai Heavy Industries on the 10th, the company recently signed an engine generator supply contract worth a total of 956 billion KRW with U.S.-based Corban Energy Group. This amount is equivalent to 5.44% of the company's most recent revenue (17.5806 trillion KRW) based on the 2025 consolidated financial statements.
- *[Key Contract Details]**
- Contract Amount: 956 billion KRW (applying the initial exchange rate of 1,418.80 KRW per USD on the contract date)
- Sales and Supply Region: United States
- Contract Period: From the 7th until July 30, 2030
- Payment Terms: 20% advance payment, 30% interim payment, 50% final payment
However, the contract period may be subject to change depending on the counterparty's power plant construction schedule.
Additionally, this contract is a conditional agreement premised on the counterparty's 'advance payment,' and it should be noted that the contract may be canceled if this condition is not met. In the event the contract is canceled due to non-fulfillment of conditions, the company plans to make a separate disclosure accordingly.
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