What Faraday does

Faraday is an Argentine industrial company founded in 1958 that designs, manufactures, and services power and distribution transformers for high and extra-high voltage applications. Its product portfolio covers three-phase and single-phase units from 132 kV to 500 kV and from 15 MVA to 650 MVA, including step-up transformers for power generation plants and auto-transformers for transmission and distribution. The company operates two manufacturing plants in Argentina: the Quilmes headquarters (producing 500 kV units) and the San Luis industrial plant (producing 132 kV, 220 kV, and 330 kV units). All design, calculation, manufacturing, and testing is carried out domestically using 100% nationally developed technology, under IEC, ANSI/IEEE, and IRAM standards, and the company holds ISO 9001 certification.

The company generates revenue through project-based sales of custom-engineered transformers, plus a complementary services stream covering repair, repowering (up to 500 kV / 300 MVA), installation, commissioning, and after-sales support. Its primary customer segment is Argentine electric utilities and power generation companies requiring high-capacity grid and generation equipment. Its engineering capability was built through historical licensing arrangements with international manufacturers including Marelli, Ansaldo, Italtrafo, GEC-Alsthom, Toshiba, and Transformatoren Union, and its team includes engineers with more than 30 years of transformer design experience. The business is run as a private, independent Argentine enterprise with no disclosed external investment, parent company, or M&A activity.

Faraday's go-to-market is direct enterprise sales through its own offices and plants, supported by a specialized services department for installation and post-sale support. Marketing is conducted through the company website and direct business development, with no third-party distribution or channel partners. The business model is inherently lumpy and project-driven, with revenue tied to the timing of individual utility procurement decisions and major power-generation build-outs in Argentina.

Name

Faraday

Legal name

Faraday

Website

https://faradaysa.com.ar

Company type

Private

Founded year

1958

Operating status

Operating

Headcount range

51–100 employees

Short description

Faraday is an Argentine power transformer manufacturer producing high and extra-high voltage units (132 kV to 500 kV, 15 MVA to 650 MVA) for electric utilities and power generation companies, with two domestic plants and in-house engineering.

Ownership category

akta.pro rank

Product category

Power Transformer Manufacturing

NAICS

Power, Distribution, and Specialty Transformer Manufacturing (335311), Electrical Equipment Manufacturing (33531)

SIC

Power, Distribution & Specialty Transformers (3612), Electrical Industrial Apparatus (3620)

akta.pro primary industry

Transformers (Power, Distribution, Instrument, Specialty) (IMAGAAAA)

akta.pro secondary industry

Power Transformers, Reactors & Auxiliary Power Systems (EUADACAJ)

Keywords

• Power transformers
• Distribution transformers
• Extra high voltage
• Transformer manufacturing
• Transformer repair services

Headquarters

HQ city

Quilmes

HQ country

Argentina

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure

Revenue model

1. Transformer Manufacturing: Design, fabrication, and sale of power transformers and autotransformers for high voltage and extra-high voltage applications including three-phase units at 132kV, 220kV, 330kV, and 500kV, as well as single-phase 500kV units for three-phase bank configuration.
2. Transformer Repair and Repowering Services: Repair, refurbishment, and technological modernization of transformers up to 500 kV and 300 MVA, performed either in situ or at dedicated plant facilities.
3. Commissioning and Post-Sale Services: Installation, commissioning testing, and ongoing post-sale support for delivered transformer units through specialized services department.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Faraday designs, manufactures, and sells high and extra-high voltage power transformers and auto-transformers ranging from 15 MVA to 650 MVA and 132 kV to 500 kV, including three-phase and single-phase units for step-up applications in power generation plants. The company also delivers specialized repair and repowering services for transformers up to 500 kV and 300 MVA, performed in situ or at its plants, along with installation, commissioning testing, and after-sales support. All products are designed, calculated, manufactured, and tested in Argentina under IEC, ANSI/IEEE, or IRAM standards.

Product overview

Faraday is an Argentine power transformer manufacturer offering a portfolio of high and extra-high voltage power transformers (132 kV to 500 kV, 15 MVA to 650 MVA), auto-transformers, and related engineering services. The product line includes three-phase transformers at 132 kV, 220/330 kV, and 500 kV voltage classes, as well as single-phase 500 kV transformers for three-phase bank formation. The company's service offerings encompass specialized repair and repowering of transformers up to 500 kV and 300 MVA (in situ or at plant), installation, commissioning tests, and after-sales support. All products are designed, calculated, manufactured, and tested according to client specifications under IEC, ANSI/IEEE, or IRAM standards.

Differentiator

Problem solved

Functional benefit

Products and services

• Three-Phase Power Transformers and Auto-Transformers 132 kV

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered minor.

• MarelliminorStrategic or Co-development PartnerTechnology licensing partner for transformer design and manufacturing knowledge transfer. Marelli (Italy) contributed to the development of engineering capabilities through collaboration on transformer projects.
• Industrie Elettriche di LegnanominorStrategic or Co-development PartnerItalian technology licensing partner that enabled the development of advanced transformer design capabilities through project collaboration.
• AnsaldominorStrategic or Co-development PartnerItalian industrial partner contributing to transformer design and manufacturing expertise through licensing arrangements.
• ItaltrafominorStrategic or Co-development PartnerItalian transformer manufacturer whose licensing contributed to the development of Faraday's engineering capabilities.
• GEC-AlsthomminorStrategic or Co-development PartnerFrench technology partner providing licensing for transformer design projects, contributing to the company's technical expertise development.
• ToshibaminorStrategic or Co-development PartnerJapanese technology partner whose licensing enabled development of advanced transformer design and manufacturing capabilities.
• Transformatoren UnionminorStrategic or Co-development PartnerGerman technology partner providing transformer design and manufacturing licensing that contributed to engineering expertise.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Regional players

• Končar — Electrical Industry Inc. Končar is a Croatian power equipment manufacturer with a strong transformers and generators business serving European and adjacent utility markets. It is a comparable regional industrial peer of similar scale and heritage, competing in EHV transformer classes outside Latin America.
• Elsewedy Electric: Elsewedy Electric is a Middle East- and Africa-based industrial group with a sizable transformers and cables business serving utilities in emerging markets. While not directly competing in Argentina today, it is a comparable emerging-market power equipment OEM pursuing similar geographic diversification strategies.

Broad incumbents

• Schneider Electric: Schneider Electric is a global broad-line electrical equipment and grid automation company. While its transformer portfolio is more focused on distribution-class products, it competes with Faraday indirectly in utility and industrial electrical infrastructure projects across South America.
• Siemens Energy: Siemens Energy is a global incumbent offering large power transformers, HVDC systems, and grid services across the full voltage range up to 800 kV and beyond. It is one of the multinational competitors Faraday explicitly faces in Argentine 500 kV tenders, with overlapping product scope but vastly broader portfolio.
• GE Vernova: GE Vernova houses GE's grid equipment business, including large power transformers and grid solutions. As a broad incumbent with deep utility relationships globally, it is a direct competitor in the EHV transformer segment where Faraday operates.
• Toshiba Energy Systems & Solutions: Toshiba is a global manufacturer of power transformers and a former licensing partner of Faraday. It operates a broad portfolio spanning generation, transmission, and distribution equipment, and is one of the multinationals competing for EHV transformer orders in Latin America.
• Hitachi Energy: Hitachi Energy (formerly ABB Power Grids) is a global leader in transformers, switchgear, and grid automation, including EHV and HVDC transformer products. It competes head-to-head with Faraday in utility-grade transformer tenders in Argentina and across South America.

Emerging players

• Hyosung Heavy Industries: Hyosung Heavy Industries is a Korean manufacturer of power and distribution transformers with growing international presence, particularly in the Americas. It competes with regional OEMs like Faraday in utility-grade transformer projects and is expanding capacity to capture grid modernization demand.
• TBEA: TBEA is one of the world's largest transformer manufacturers, headquartered in China, with a strong export focus across emerging markets including Latin America. It competes on price in 110–800 kV transformer classes and is increasingly active in the same regional tenders as Faraday.

Direct peers

• WEG: WEG is a Brazilian industrial manufacturer with a significant transformers, generators, and motors business serving utilities and industry across Latin America. Like Faraday, it is a regional power equipment OEM competing with global incumbents in voltage classes up to EHV, making it the closest geography-and-product peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/faraday-saic-y-f

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Faraday