LS ELECTRIC to supply $34.26 million in distribution solutions to Bloom Energy

LS ELECTRIC has signed a contract worth approximately $34.26 million (48.6 billion KRW) to supply distribution solutions to Bloom Energy. The agreement involves providing a complete suite of distribution systems, including low-voltage switchboards, for a hyperscale data center being developed by a major energy infrastructure company in Wyoming, USA.

This partnership aims to strengthen LS ELECTRIC's position in the North American data center market, driven by the rising electricity demand from global AI expansion. The company utilizes a localized value chain with production bases in Utah and Texas, alongside its specialized DC Factory in Cheonan, South Korea, which focuses on next-generation direct current (DC) distribution technology.