CSE Global secures two US contracts worth $190.5m
The deals are expected to be executed from 2026 through 2028.
CSE Global Limited has secured two major contracts in the US worth approximately $190.5m.
The first contract covers the design and manufacture of power distribution centres, and the integration of electrical and control systems for the liquefied natural gas market.
It will support the expansion of the Calcasieu Pass 2 LNG project in Louisiana and is scheduled to be carried out between 2026 and 2028.
The second deal is a follow-on order for the design and manufacture of power distribution centres for the Cheyenne Power Hub project.
The equipment will form part of the project’s power infrastructure and will distribute electricity to an adjacent data centre.
It is expected to be executed progressively between 2026 and 2027.
CSE Global said the contracts are not expected to have any material impact on the consolidated net tangible assets per share or earnings per share of the group for the current financial year.