Quality Power Targets $150 Million in Data Center Opportunities Amid Strong Growth Forecasts
Quality Power Electrical Equipment aims for over $150 million in data center contracts by Q4, alongside a 20%-50% growth trajectory for FY27 and FY28. The company's robust pipeline and margin guidance signal significant industry expansion potential.
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Quality Power Electrical Equipment is negotiating data center opportunities exceeding $150 million for its coil products, with expected large order wins in Q3 and Q4. The company has secured nearly 1 GW of battery energy storage system (BESS) orders in Europe and anticipates delivering at least 1 GW from its Turkey facility in the next nine months.
Revenue from the Indian arm has surged by 70-80%, contributing to an overall growth forecast of 20% this year and 50% the following year. EBITDA margins are projected to remain above 20%. The data center market, particularly in the U.S., presents a long-term growth avenue, despite manufacturing capacity constraints that could impact order fulfillment timelines.
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