CSE Global Bags Two $150 Million Electrification Contracts in US

MT Newswires09-24 18:24

CSE Global (SGX:544) secured two deals worth $150 million in the US for power distribution centers and related electrical and control systems, according to a Thursday filing.

The first contract covers the design and manufacture of power distribution centers and integration of electrical and control systems for the LNG market, supporting the Calcasieu Pass 2 LNG project in Louisiana. The contract will run from 2026 to 2028.

The second deal is a follow-on order for power distribution centers for the Cheyenne Power Hub project, which will support power distribution to an adjacent data center.

The contract is expected to run from 2026 to 2027, it said.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment