Tyree Transformers receives grant for facility expansion

By Global Infrastructure Sherpa · Feb 20, 2026

Financing Transmission announced Southern Highlands, Australia Feb 20, 2026

USD22M

Deal Value

expansion

Stage

Tyree Transformers has been granted $22 million from the New South Wales government to expand its facility’s operational capacity.

Deal Analysis

Tyree Transformers has secured a significant $22 million grant from the New South Wales government to expand its operational capacity. This financing will bolster Tyree's manufacturing capabilities in power and distribution transformers, crucial components for electricity generation and transmission infrastructure. The grant underscores the New South Wales government's commitment to supporting local manufacturing and strengthening the electricity supply chain within the region. This deal is notable for its direct government involvement in supporting a key player in the transmission sector. The funding will likely enable Tyree Transformers to increase production, potentially reducing reliance on imported transformers and creating local jobs. The expansion could also position Tyree to better meet the growing demand for transformers driven by renewable energy projects and grid modernization initiatives across Australia.

A $22 million grant from the New South Wales government.
Tyree Transformers, a key Australian manufacturer, is the recipient.
The financing will expand Tyree's operational capacity for transformer production.
The deal highlights government support for local manufacturing in the transmission sector.

Market Context: The Australian transmission sector is undergoing significant investment driven by the transition to renewable energy sources and the need to upgrade aging grid infrastructure. This deal reflects the growing demand for transformers and the strategic importance of local manufacturing capabilities in this sector.

Source Intelligence

KEY DETAILS

The funds are part of the Net Zero Manufacturing Initiative, a $480 million program supporting 40 projects, to help fast-track the renewable energy transition. Quote: Aiming to unlock more than 100 construction jobs and 67 ongoing positions, the funds are part of the Net Zero Manufacturing Initiative, a $480 million program supporting 40 projects, to help fast-track the renewable energy transition.

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Deal Size

Southern Highlands-based Tyree Transformers, a power and distribution transformer manufacturer, has been granted $22 million (USD 15.5 million) from the state government to expanding its facility’s operational capacity, helping us get the most out of the renewable energy we are already creating.

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Location

Southern Highlands-based Tyree Transformers

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Announcement

February 20, 2026

PARTIES MENTIONED IN SOURCE

Tyree Transformers recipient

"Southern Highlands-based Tyree Transformers, a power and distribution transformer manufacturer, has been granted $22 million (USD 15.5 million) from the state government to expanding its facility’s operational capacity, helping us get the most out of the renewable energy we are already creating."

New South Wales government investor

"A New South Wales-based manufacturer of power and distribution transformers has been granted $22 million from the state government as part of a $52 million outlay to “supercharge” renewable energy manufacturing sectors."

Optimal Renewable Gas recipient

"Other companies sharing the $52 million, include Optimal Renewable Gas in Griffith, which receives $20 million to convert agricultural organic waste from farms into a gas fuel."

Hiringa Refuelling Australia recipient

"Hiringa Refuelling Australia will receive $778,000 to help create hydrogen refuelling stations along a green freight corridor between Sydney and Southeast Queensland, to replace diesel in heavy vehicles."

Hiringa Energy recipient

"Its parent company, Hiringa Energy will receive $9.4 million to expand production of low carbon ammonia fertiliser used on cotton farms near Moree, 632 kilometres northwest of Sydney"

high quality Enriched Feb 21, 2026