LS ELECTRIC said on the 26th that it has won the largest-ever extra-high-voltage transformer project in North America.
LS ELECTRIC that day signed a $312.04 million (about 459.8 billion won) extra-high-voltage transformer supply contract with an investor-owned utility (IOU), a U.S. private power utility giant.
Under the contract, LS ELECTRIC will supply extra-high-voltage transformers up to 525 kV to renewable energy power plants that will become the main power sources for large data centers being built in the southeastern United States. The supply period runs from 2027 to 2029.
This order is the largest single extra-high-voltage transformer supply contract LS ELECTRIC has signed. The supply range has expanded from the mainline 115 kV and 354 kV classes to the 525 kV class.
An LS ELECTRIC official said, "In addition to distribution, which is recognized locally, transmission references are also expanding, and we expect the growth of the data center power infrastructure business to gain momentum."
With this, LS ELECTRIC's backlog of extra-high-voltage transformer orders has exceeded 2 trillion won. As of the third quarter, the total order backlog stands at 4.1 trillion won.
LS ELECTRIC said, "We will accelerate business expansion centered on the North American hyperscale data center, renewable energy generation, and power utility markets to secure leadership in the North American extra-high-voltage market."