LS Electric Wins $125M US AI Data Center Switchgear Deal
LS Electric has secured a $125.23 million (KRW 168.9 billion) agreement to supply 38 kV high-voltage switchgear for AI data centers operated by an unnamed US technology company.
Announced October 19, the agreement covers 2027–2028. The disclosed value applies to 2027 deliveries, with 2028 volumes under negotiation. LS Electric is also discussing additional orders for distribution transformers, low-voltage switchgear and ring main units.
The company operates US facilities in Cedar City, Utah, and Bastrop, Texas, supporting sales, engineering, manufacturing and services.
“We will expand supplies of high-value-added power equipment for data centers to secure a stable revenue base and improve profitability,” an LS Electric official said.
Separately, LS Electric announced a $138.5 million Bloom Energy order for switchgear and distribution transformers on October 13, following a $133.41 million contract for 345 kV transformers on October 1. Those awards extend its involvement in North American data center electrical infrastructure.
Source: The Elec