Enerflex Ltd. (EFXT) shares jumped 11% premarket after securing a contract to supply approximately 450 megawatts of natural gas-fired power generation units for a North American data center developer 🔗.
Key details:
- Contract Scope: Design, engineer, fabricate, and assemble behind-the-meter power generation units.
- Timeline: Deliveries scheduled from 2027 to 2028.
- Expansion: Enerflex is expanding its Engineered Systems business line, with $15M in 2026 capex and an additional $85M authorized for 2027 investments 🔗.
This contract highlights growing demand for reliable, off-grid power solutions for AI and digital infrastructure, leveraging Enerflex's integrated capabilities. The company's opportunity pipeline now exceeds 2 GW 🔗.
Enerflex spikes on 450 MW data center power contract
STREETINSIDER.COMOct 1, 1:23 PM UTC
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