Enerflex adds over 1 GW of data‑center power units, raising backlog above 1.75 GW
Enerflex Ltd. announced that it has been awarded a contract to design, engineer, fabricate and assemble more than one gigawatt of low‑emission natural‑gas power generation equipment for a large North‑American data‑center project. Combined with earlier awards, the new deal lifts the company's behind‑the‑meter power‑generation backlog to over 1.75 GW, with deliveries planned through 2028. The firm said it will invest roughly $100 million in its Engineered Systems facilities, including $15 million allocated to 2026 capital spending.
Why it matters
The expanded backlog creates additional manufacturing and project‑execution work for Enerflex, which should support revenue growth in the coming years (the company indicated the backlog represents contracted work it expects to execute). The $100 million investment, of which $15 million is in 2026 capex, signals higher near‑term spending that may boost earnings once projects are delivered.
Key facts
- 1Enerflex secured a contract for more than 1 GW of low‑emission natural‑gas power generation units for a North‑American data‑center development. stocktitan.net
- 2Including prior awards of about 450 MW announced on 1 October 2026, the company's backlog now exceeds 1.75 GW. owensoundsuntimes.com
- 3Deliveries linked to the backlog are scheduled to continue through 2028. finance.yahoo.com
- 4Enerflex has authorized approximately $100 million of investment in its Engineered Systems facilities, with $15 million included in its 2026 capital‑expenditure guidance. owensoundsuntimes.com
- 5Shares rose 5 % in pre‑market trading after the announcement. finance.yahoo.com
- 6Paul Mahoney, President and Chief Executive Officer, said demand for reliable, grid‑independent power for AI and digital infrastructure is growing. stocktitan.net
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.