Enerflex Stock Gains on 450 MW Data Center Power Infrastructure Contract

Key Facts

1Enerflex secured a contract to build approximately 450 megawatts of natural gas-fired power generation units for a North American data center developer.

2Deliveries are expected to start in 2027 and finish in 2028, with $15 million in capital spending allocated to support the project.

Enerflex secured a contract to build approximately 450 megawatts of natural gas-fired power generation units for a North American data center developer. Financial Modeling Prep reported that deliveries are expected to commence in 2027 and conclude in 2028, with the company allocating $15 million in capital spending to support the infrastructure project.

EFXT closed at $25.44 on October 1, 2026, after reaching a session high of $26.91. The contract announcement follows CIBC reiterating a Neutral rating on the stock, while Enerflex has not disclosed the specific financial value of the deal for the on-site power units.