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LS Electric Unit Wins KRW319 Billion Fuel Cell Power Systems Supply Contract for Data Centers; Shares Rise 5%

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-- LS Electric's (KRX:010120) US-based subsidiary LS Electric America secured a contract from Bloom Energy to supply fuel cell-based power systems for North American data centers, according to a Wednesday filing with the Korea Exchange.

The contract, valued at 319 billion won, is valid until March 29, 2027.

Shares of LS Electric rose nearly 5% in recent trade.

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