Market Chatter: LG Energy Solution Signs Four-Year ESS Supply Deal with US-based Terra-Gen Power

MT Newswires Live

2024/11/15

LG Energy Solution (KRX:373220) signed a four-year supply deal to deliver 8 gigawatt-hours of energy storage systems (ESS) to US renewables developer Terra-Gen Power through 2029, Yonhap News reported Thursday.

The value of the contract remains undisclosed.

Shares of LG Energy Solution plunged over 12% at market close on Friday.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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