Recent Updates — EFXT
Enerflex Ltd. has appointed Mr. David Primrose and Ms. Mary Zappone to its Board of Directors, effective October 27, 2026. Mr. Primrose will also serve on the Audit Committee. These appointments follow the retirement of Fernando Assing and are part of normal board refreshment efforts. Enerflex is a leading provider of modular natural gas, power, and treated water technology solutions.
Enerflex Ltd. has been contracted to design, engineer, fabricate, and assemble over one gigawatt of low emission behind-the-meter natural gas-fired power generation units for a large-scale North American data center development. Combined with approximately 450 megawatts announced on October 1, 2026, the company's backlog now exceeds 1.75 gigawatts, with deliveries extending through 2028. To support execution and expected growth, Enerflex is investing in expanding its Engineered Systems business capabilities, including approximately $100 million of authorized investments, $15 million of which is included in the 2026 capital expenditure guidance. These initiatives aim to significantly increase revenue capacity and operational efficiency for behind-the-meter power generation projects. Enerflex provides modular natural gas, power, and treated water technology solutions.
Enerflex Ltd. announced the award of a major Engineered Systems project to design, engineer, fabricate, and assemble approximately 450 megawatts of behind-the-meter natural gas-fired power generation units for a North American data center developer. Deliveries are scheduled to commence in 2027 and complete in 2028. To support this award and expected growth, Enerflex is investing in expanding its Engineered Systems business line capabilities. Included in the 2026 capital expenditure guidance are approximately $15 million for PP&E and infrastructure investments, with an additional authorization of approximately $85 million for ES facilities and capabilities, primarily to be incurred during 2027. Enerflex operates in the energy technology sector, providing modular natural gas, power, and treated water technology solutions.
Enerflex Ltd. completed the divestiture of the majority of its Asia Pacific operations to INNIO Group on September 30, 2026. The transaction primarily involves the After-Market Services product line within that region. Enerflex will continue providing Engineered Systems solutions in APAC through local sales teams using equipment from North American facilities. The company confirmed it will release third-quarter financial results and operating highlights for the period ended September 30, 2026, on October 29, 2026. Enerflex operates in the energy technology sector, providing modular natural gas compression, processing, and power generation solutions.