LS Electric signs $138.5 million power equipment contract with Bloom Energy for U.S. data center
South Korean LS Electric announced a contract worth $138,458,284 to supply 38‑kV high‑voltage switchgear and distribution transformers to Bloom Energy for a fuel‑cell‑based data center in Pennsylvania. The agreement brings cumulative orders between the two firms to over $500 million within roughly 18 months. Delivery is scheduled between April and July 2027, and LS Electric says the deal will deepen its foothold in the North American AI data‑center power‑infrastructure market.
Why it matters
The company expects the contract to add to its revenue pipeline and accelerate its expansion in the fast‑growing AI data‑center power market in North America. The order also highlights LS Electric’s ability to win large‑scale projects, which may improve investor confidence in its growth prospects.
Key facts
- 1Contract value is $138,458,284 (approximately 185.3 billion won). finance.biggo.com
- 2Delivery period is April–July 2027. finance.biggo.com
- 3Products supplied are 38‑kV class high‑voltage switchgear and distribution transformers. finance.biggo.com
- 4Installation location is Pennsylvania, United States. finance.biggo.com
- 5Cumulative orders from Bloom Energy have surpassed $500 million (approximately 670 billion won). finance.biggo.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.