LS Electric Wins $216.5M Contract to Supply Power Systems for US Data Center
South Korean electrical equipment maker to provide power distribution solutions for hyperscale data center in New Mexico operated by US big tech company
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- LS Electric Co., a South Korean electrical equipment maker, has secured a 319 billion-won (US$216.5 million) contract to supply power distribution systems to Bloom Energy for a hyperscale data center in New Mexico.
- The data center is operated by a US big tech company, with Bloom Energy partnering with Oracle for AI and cloud infrastructure.
- This follows an earlier $106.6 billion-won contract by LS Electric's subsidiary to supply transformers for another US data center in the central United States.
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LS Electric is expanding its US presence following growing investment in power infrastructure across North America driven by increasing electricity demand from AI data centers. The company previously secured a transformer contract earlier this month.
SEOUL, April 29 (Yonhap) -- LS Electric Co., a South Korean electrical equipment maker, said Wednesday it has secured a 319 billion-won (US$216.5 million) contract to supply power distribution systems to Bloom Energy, a U.S. energy solution firm, for a large-scale data center project. The company said the deal with Bloom Energy involves providing power distribution solutions for a hyperscale data center operated by a U.S. big tech company in New Mexico, without disclosing the name of the firm. Bloom Energy has teamed up with Oracle, a global cloud service provider, for its artificial intelligence (AI) and cloud computing infrastructure. Earlier this month, LS Power Solution, LS Electric's subsidiary, signed a 106.6 billion-won contract to supply transformers to a U.S. energy infrastructure company to power a large-scale data center in the central United States. Investment in power infrastructure across North America is rising amid growing electricity demand driven by the AI boom, LS Electric said, noting it aims to further expand its presence in the region.
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LS Electric will pursue additional data center power infrastructure contracts in North America
Wahrscheinlich · Innerhalb von Monaten
More Korean electrical equipment makers may secure similar US data center contracts
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Offene Fragen
- What is the name of the US big tech company operating the New Mexico data center?
- What is the specific timeline for project completion?
