LS Electric secures 185.3 billion won transformer deal in U.S.

Under the contract with global power solutions provider Bloom Energy, LS Electric will supply power equipment for a fuel cell-based on-site power generation project at a major U.S. technology company's data center in Pennsylvania.

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Large group posing outside a red industrial building with a company sign.
LS Electric Chairman Koo Ja-kyun and company representatives pose for a photo at a factory in Utah in this photo provided by the Korean electrical equipment maker on Oct. 13.

LS Electric said on Tuesday that it has signed a 185.3 billion won ($138 million) contract with global power solutions provider Bloom Energy to supply switchgear and distribution transformers.

With the latest deal, the Korean electrical equipment maker’s cumulative orders from Bloom Energy have exceeded $500 million since April last year.

Under the contract, LS Electric will supply power equipment for a fuel cell-based on-site power generation project at a major U.S. technology company’s data center in Pennsylvania.

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The Korean company plans to deliver 38-kilovolt high-voltage switchgear and distribution transformers between April and July 2027.


Yonhap

power equipment industry ls electric pennsylvania data centers bloom energy business

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