CSE Global secures $90.7m electrification contract in US

The contract is also for the integration of medium and low-voltage switch gears.

CSE Global Limited has secured a major contract worth $90.7m in the United States for the design, fabrication, and installation of electrical houses.

The contract is also for the integration of medium and low-voltage switch gears, critical power equipment and automation systems and equipment, scheduled for operation between 2025 and 2026.

“We continue to see strong demand for our Electrification solutions, which is currently driven by the growing megatrends of urbanisation and electrification," Lim Boon Kheng, chief executive officer of CSE Global, said. "We expected this to positively contribute to CSE Global’s financial performance for the financial years 2025 and 2026."

The contract is not expected to have any impact on the consolidated net tangible assets per share of the group for the current financial year.