South Korean electrical equipment manufacturer LS Electric announced on Tuesday that it has signed a contract worth 185.3 billion won (approximately $138.7 million) with U.S. power solutions provider Bloom Energy to supply switchgear and distribution transformers.
With this latest deal, the cumulative order value LS Electric has received from Bloom Energy since April of last year has exceeded $500 million.
Under the contract, LS Electric will provide power equipment for a data center in Pennsylvania operated by a major U.S. technology company, supporting an on-site power generation project based on fuel cells.
The company plans to deliver 38-kilovolt (kV) high-voltage switchgear and distribution transformers between April and July 2027.
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