LS Electric secures 185.3 bln-won transformer deal in U.S.

LS Electric has signed a 185.3 billion-won ($138.7 million) contract with Bloom Energy to provide distribution transformers and switchgear. According to The Korea Times, the equipment is intended for a fuel cell-based on-site power generation project located at a major U.S. technology company's data center in Pennsylvania.

The Korean electrical equipment manufacturer plans to deliver 38-kilovolt (kV) high-voltage switchgear and distribution transformers between April and July 2027. The Korea Times also reports that this agreement brings LS Electric's cumulative orders from Bloom Energy to over $500 million since April of last year.

Brief written by urgent.news from The Korea Times, The Korea Times — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.