[Edaily Reporter Kim Hyung-il ] Power generation equipment specialist GnCenergy Co., Ltd.(119850)announced on the 4th that it has signed a contract with Internet data center (IDC) specialist KINX, Inc.(093320)(KINX) to supply gas turbine generators for the data center in Jeongwang-dong, Siheung.
The contract amount is 32.81 billion won, equivalent to 12.5% of the company’s recent revenue.
Under this contract, GnCenergy Co., Ltd. will supply gas turbine generators to the data center in Jeongwang-dong, Siheung. GnCenergy Co., Ltd. supplies emergency and commercial power generation equipment to data centers, semiconductor factories, and other facilities.
The contract period runs from August 3, 2026, to March 31, 2029. Payment will be made as follows: a 20% down payment, followed by interim payments of 50%, 10%, and 10%, and a final payment of 10%.
The contract amount is 32.81 billion won, equivalent to 12.5% of the company’s recent revenue.
Under this contract, GnCenergy Co., Ltd. will supply gas turbine generators to the data center in Jeongwang-dong, Siheung. GnCenergy Co., Ltd. supplies emergency and commercial power generation equipment to data centers, semiconductor factories, and other facilities.
The contract period runs from August 3, 2026, to March 31, 2029. Payment will be made as follows: a 20% down payment, followed by interim payments of 50%, 10%, and 10%, and a final payment of 10%.
