LS Electric Wins $138 Million US Data Center Deal as Bloom Energy Orders Top $500 Million

LS Electric has secured a major supply contract with Bloom Energy, a U.S.-based global power company, underscoring the accelerating demand for power infrastructure tied to the rapid buildout of AI-driven data centers across North America.

The South Korean electrical equipment maker announced through a public disclosure on October 13 that it signed a deal worth 185.3 billion won ($138.49 million) to supply switchgear and distribution transformers to Bloom Energy. The contract adds to a growing order pipeline from the U.S. power company, with cumulative orders secured over the approximately 18 months since April last year now exceeding $500 million, or roughly 669 billion won.

The equipment is destined for a data center being built in Pennsylvania for a major technology company. The facility employs an on-site power generation model utilizing fuel cells, a design choice that reflects the industry's growing preference for dedicated power solutions capable of meeting the intense and uninterrupted electricity demands of AI workloads. Under the agreement, LS Electric plans to sequentially deliver 38-kilovolt high-voltage switchgear and distribution transformers from April through July of next year.

A key feature of the project is that the switchgear and distribution transformers are being supplied together as an integrated package rather than as individual components. LS Electric said that by delivering core power equipment essential for large-scale data center operations as a bundled solution, it has demonstrated both its technical reliability and process efficiency — capabilities that are increasingly critical as data center operators seek to compress construction timelines and reduce integration risk.

The company is also intensifying efforts to build a localized supply chain in North America. It currently operates through LS Electric Utah and its Bastrop Campus in Texas, having localized the entire value chain from sales and design to production and service. The strategy positions the company to respond more quickly to U.S. customers and navigate potential trade and logistics challenges.

LS Electric said it plans to further solidify its strategic partnership with Bloom Energy while continuing aggressive sales activities targeting the North American AI data center market. Chairman Koo Ja-kyun recently visited the Utah plant to communicate with local executives and employees, reinforcing the company's commitment to expanding its footprint in the global market. The deal highlights how the data center construction boom is generating substantial demand not only for computing hardware but also for the electrical infrastructure required to power and cool increasingly dense facilities.