LS Electric signs $138 million contract with Bloom Energy

South Korea’s LS Electric has disclosed that it has signed a contract with power company Bloom Energy worth a total of USD 138.46 million to supply switchgear and distribution transformers.

LS Electric said it is expanding its North American AI data center power infrastructure business, with cumulative orders from its partnership with Bloom Energy surpassing USD 500 million in 18 months. 

This latest project is a fuel cell-based on-site power generation project for a big-tech data center being constructed in Pennsylvania. LS Electric will supply 38 kV-class high-voltage switchgear and distribution transformers from April through July 2027.

“This order once again recognizes LS Electric’s technological capabilities and project execution capacity, as we supply large-scale switchgear and transformers as a package to a global big-tech data center,” an LS Electric official said. “We will further strengthen strategic cooperation with Bloom Energy and accelerate our push into the rapidly growing North American AI data center power infrastructure market by leveraging local production and service infrastructure and differentiated distribution solutions.”