CONFIRMED as LS Electric’s own statement on 13 October 2026, as reported by Yonhap and Seoul Economic Daily. TSN has not read LS Electric’s own release or any statement from Bloom Energy. The data-centre customer is not named.
South Korean electrical equipment maker LS Electric says it has signed a 185.3 billion won (about $138.5 million) contract with Bloom Energy to supply switchgear and distribution transformers [1][2].
The equipment is for “a fuel cell-based on-site power generation project at a major U.S. technology company’s data center in Pennsylvania,” Yonhap reported [1]. Seoul Economic Daily said the data centre is under construction [2]. LS Electric did not name the tech company.
Bloom Energy makes fuel cells that turn natural gas or hydrogen into electricity on site. Some data-centre builders use them to get power quickly instead of waiting for a grid connection. Switchgear and transformers are the equipment that then switches, protects and steps down that power so it can reach the servers.
What LS Electric will supply (CONFIRMED, company statement)
- Equipment: 38-kilovolt (kV) high-voltage switchgear and distribution transformers [1][2].
- Delivery: between April and July 2027 [1].
- As a package: LS Electric said the deal is notable because it supplies both the switchgear and the transformers a large data centre needs together, SEDaily reported [2].
A growing Bloom relationship (CONFIRMED, company statement)
With this deal, LS Electric’s cumulative orders from Bloom Energy have exceeded $500 million since April last year, Yonhap reported [1]. SEDaily put that at about 668.9 billion won over roughly a year and a half [2].
LS Electric says it supports US customers through local sales, design, production and service centred on LS Electric Utah and its Bastrop campus in Texas, according to SEDaily [2].
“We will further strengthen our strategic cooperation with Bloom Energy and accelerate our push into the fast-growing North American AI data center power infrastructure market, led by our local production and service infrastructure and our differentiated distribution solutions,” an LS ELECTRIC official said, as quoted by SEDaily [2]. SEDaily notes its English is AI-translated from Korean.
What this means
- On-site power is becoming a supply chain. AI data centres need power faster than many grids can deliver it. Fuel-cell projects like this one also need conventional electrical gear around them, and LS Electric is selling into that.
- It is LS Electric’s account. Bloom Energy has not been quoted, the customer is unnamed, and the size of the project in megawatts was not given.
- Dollar figures vary slightly. The contract is set in won; outlets converted it to between $138.45 million and $138.7 million.
Sources
- Yonhap News Agency (Kim Eun-jung), “LS Electric secures 185.3 bln-won transformer deal in U.S.”, 13 October 2026. https://en.yna.co.kr/view/AEN20261013002500320
- Seoul Economic Daily (Jang Hyun-ki), “LS ELECTRIC Wins $138 Million Order for U.S. Data Center Power Gear”, 13 October 2026 (AI-translated from Korean). https://en.sedaily.com/finance/2026/10/13/ls-electric-wins-138-million-order-for-us-data-center-power
