A converter (100, 200) for transferring power from a medium
voltage side (MV) to a
low voltage side (LV) or vice-versa is provided. The converter (100, 200) comprises an AC /
DC converter stage (CS) configured to be connected to a three-phase medium-
voltage AC power source (va, vb, vc) at the medium
voltage side, the AC /
DC converter stage (CS) having three AC input terminals (A, B, C) for the respective AC phases of the medium-voltage
AC power source (va, vb, vc), and having a positive voltage output (P) and a
negative voltage output (N); a DC link (DCL) comprising at least one first DC /
DC converter and at least one second DC / DC converter, wherein input sides of the at least one first and second DC / DC
converters (OC1, OC2, OC3, OC4) are connected in series between the positive output (P) and the negative output (N) of the AC / DC converter stage (CS), with a midpoint (M) between the at least one first DC / DC converter (OC1, OC2) and the at least one second DC / DC converter (OC3, OC4); wherein output sides of the at least one first and second DC / DC
converters (OC 1, OC2, OC3, OC4) are connected in parallel to provide a
low voltage (Vout) to low-voltage output terminals on the
low voltage side; three switchable branches (BR1, BR2, BR3), each of the switchable branches (BR1, BR2, BR3) comprising a bi-directional switch circuit between a respective one of the three AC input terminals (A, B, C) and a common star point (S); a regulating circuit comprising either at least one voltage-source-type full-
bridge circuit (CL1, CL2) including a DC / DC stage, in particular a DC / DC converter including an
isolation transformer, the at least one voltage-source-type full-
bridge circuit (CL1, CL2) connected, on its input side, between the star point (S) and the midpoint (M) and, on its output side, to the low-voltage output terminals; or at least one first full-
bridge circuit between
cathode connections of a
diode bridge in the AC / DC converter stage and the positive output (P), and at least one second full-bridge circuit connected between
anode connections of the
diode bridge and the negative output (N); and a controller configured to control the first and second DC / DC
converters, the bi-directional switch circuits, and the regulating circuit such that a current (ipm) between the positive voltage output (P) and the midpoint (M) essentially equals a
maximum phase current (imax) of the phase in which the phase voltage at the point in time of performing the control is the highest among the three AC phases, and such that a current (imn) between the midpoint (M) and the
negative voltage output (N) essentially equals a
minimum phase current (imin) of the phase in which the phase voltage at the point in time of performing the control is the lowest among the three AC phases.