# Who does Bloom Energy pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/bloom-energy · Facet: suppliers · Updated: 2026-07-12T05:01:56.597232+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Bloom Energy's confirmed suppliers/cost counterparties include LS일렉트릭 plus 2 undisclosed/aggregate relationships. Per the valuechain.wiki graph: 3 cost edges, backed by 4 dated sources, 2 of them primary filings (as of 2026-07-12).

### LS일렉트릭 (high)  → /ls-electric.md
- metric: contract $217M
- note: For its North American data center fuel-cell power projects, Bloom Energy sources switchgear and distribution transformers from LS Electric (via LS ELECTRIC AMERICA) under a 216.5 million dollar contract.
- [confirms] FSS DART (KO, filing, published 2026-04-29) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260429800110: "LS Electric supplies switchgear and distribution transformers to LS ELECTRIC AMERICA, which won a North American data center fuel-cell power project ordered by Bloom Energy. USD 216,526,100."
- [confirms] The Korea Times (EN, news, published 2026-04-29) https://www.koreatimes.co.kr/business/20260429/ls-electric-lands-216-million-data-center-deal-as-part-of-growth-drive-in-us: "LS Electric signed a $216M data center power-equipment supply deal with Bloom Energy, covering switchgear and transformers."

### 소재·제조·증설 (비공개) (low)
- note: SOFC stack materials and manufacturing (1→2GW expansion).
- [confirms] Bloom Energy (EN, filing, published 2026-04-17) https://investor.bloomenergy.com/press-releases/press-release-details/2026/Bloom-Energy-and-Oracle-Expand-Strategic-Partnership-to-Deploy-up-to-2-8-GW-to-Accelerate-AI-Infrastructure-Build-Out/default.aspx: "Doubling capacity 1GW to 2GW."

### 연료·R&D (비공개) (low)
- note: Fuel (gas/hydrogen) and R&D.
- [confirms] Fortune (EN, news, published 2025-10-16) https://fortune.com/2025/10/16/bloom-energy-stock-fuel-cells-ai-data-center-power/: "Solid-oxide fuel-cell R&D."

Reverse side: https://valuechain.wiki/bloom-energy/customers.md · Ripple: https://valuechain.wiki/bloom-energy/ripple.md

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Full node: https://valuechain.wiki/bloom-energy.md · JSON: https://valuechain.wiki/bloom-energy.json