El Paso Electric Signs Multi-Year Manufacturing Agreement with KP Electric

EL PASO, Texas(August 21, 2024) - El Paso Electric (EPE) is excited to announce the signing of a multi-year manufacturing agreement with KP Electric, a South Korean leading provider of electrical equipment. This strategic partnership will allow us to secure a reliable supply of high-demand transformers, ensuring that customers continue to receive the reliable and uninterrupted service they depend on.

"This partnership with KP Electric allows us to proactively manage our inventory and ensure we have the necessary resources to maintain and improve our service delivery," said Kelly Tomblin, President and CEO of El Paso Electric. "KP Electric is renowned for consistently exceeding expectations, and I'm confident they will help us not only meet today's demands but also proactively prepare for the future. This agreement enhances our ability to respond quickly to the needs of our customers and supports our commitment to leverage the economic impact of our region."

By partnering with a trusted global supplier like KP Electric, EPE is ensuring that it has access to the highest quality equipment to deliver reliable service and meet the evolving needs of its region. This expanded inventory of transformers will also support business developers by providing an important component to accommodate new projects and economic growth in our service area.

Under the terms of the agreement, KP Electric will supply EPE with a variety of transformers essential for its operations. The first delivery is expected to arrive before the end of 2024.