All amounts presented in this release are in U.S. Dollar (&#34;USD&#34;) unless otherwise stated.  CALGARY, Alberta, June  24, 2026  (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX:EFX) (NYSE:EFXT) (&#34;Enerflex&#34; or the

TSX:EFX

Enerflex Ltd. Announces Extension of Revolving Credit Facility and Timing of Second Quarter Financial and Operational Results

Enerflex expands liquidity runway with 2029 credit facility extension

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>All amounts presented in this release are in U.S. Dollar (&amp;#34;USD&amp;#34;) unless otherwise stated.  CALGARY, Alberta, June  24, 2026  (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX:EFX) (NYSE:EFXT) (&amp;#34;Enerflex&amp;#34; or the</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Enerflex (TSX: EFX) amended its secured revolving credit facility, extending maturity to 2029 with $800 million available and up to $200 million more potential. The credit line is supported by RBC as agent and includes a $70 million unsecured facility guaranteed by EDC. The update strengthens liquidity ahead of the Q2 results on August 6, 2026 and underpins disciplined capital allocation.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Enerflex extends revolving credit facility (RCF) maturity to June 30, 2029.</li><li>RCF availability remains $800 million; potential increase up to $200 million.</li><li>As of 2026-03-31, drawn $162 million on the RCF; RBC remains agent.</li><li>Unsecured LC facility of $70 million backed by Export Development Canada guarantees.</li><li>Q2 2026 results due Aug 6, 2026; investor call to discuss results.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Enerflex Ltd. (EFX)</strong>: TSX listing; credit facility extension improves liquidity and financial flexibility.</li><li><strong>Enerflex Ltd. (EFXT)</strong>: NYSE listing; same financing news implications; potential cross-market sentiment.</li><li><strong>Royal Bank of Canada (RBC)</strong>: Agent for the RCF; renewed commitments from all lenders indicate solid banking support.</li><li><strong>Export Development Canada (EDC)</strong>: Provides guarantees for the LC facility, reinforcing liquidity access.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The news centers on financing/capital structure changes that affect liquidity and strategic flexibility, key drivers of risk management and valuation for Enerflex.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>RCF maturity extended by 3 years to mid-2029.</li><li>Total availability unchanged at $800 million; up to $200 million additional with consent.</li><li>Strong lender support with RBC as agent and renewed commitments from syndicate.</li><li>Q2 2026 results and call scheduled for Aug 6, 2026.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Maturity extended to June 30, 2029 (3-year extension).</li><li>RCF availability: $800 million; potential increase to $1,000 million with consent.</li><li>As of 2026-03-31, drawn $162 million on the RCF.</li><li>LC Facility: $70 million; guaranteed by Export Development Canada (EDC).</li><li>Q2 2026 results release planned for Aug 6, 2026; conference call at 8:00 a.m. MT.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish over 3–6 months as improved liquidity reduces refinancing risk ahead of Q2 results.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">All amounts presented in this release are in U.S. Dollar ("USD") unless otherwise stated.</p>  <p align="justify">CALGARY, Alberta, June  24, 2026  (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX:<a class="ticker" href="https://www.benzinga.com/quote/EFX">EFX</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/EFXT">EFXT</a>) ("Enerflex" or the "Company") is pleased to announce that the Company has entered into an amended and restated credit agreement dated June 24, 2026 with respect to its syndicated secured revolving credit facility (the "RCF"). The maturity date of the RCF has been extended by three years to June 30, 2029 and availability is unchanged at $800 million. The Company&#39;s limit under the RCF may be increased by up to $200 million at the request of the Company, subject to lenders’ consent, compared to $50 million previously. As at March 31, 2026, the Company had drawn $162 million on its RCF. Led by the Royal Bank of Canada as agent, Enerflex received renewed lending commitments from all current syndicate members.</p>  <p align="justify">The Company also continues to maintain a $70 million unsecured credit facility (the "LC Facility") with one of the lenders in its RCF syndicate. The LC Facility is supported by performance security guarantees provided by Export Development Canada.</p>  <p align="justify">Preet Dhindsa, Enerflex’s Senior Vice President and Chief Financial Officer, commented, "We appreciate the continued support of our lending syndicate. The extension of our revolving credit facility solidifies Enerflex’s financial flexibility as we execute our strategy. With a strong balance sheet and ample available liquidity, we remain focused on disciplined capital allocation and delivering long-term value for shareholders."</p>  <p align="justify"><strong>Q2 Earnings Release</strong></p>  <p align="justify">Enerflex plans to release its financial results and operating highlights for the three and six months ended June 30, 2026, on Thursday, August 6, 2026 prior to market open. Results will be communicated by news release and will be available on the Company&#39;s website at <a href="https://www.globenewswire.com/Tracker?data=tmOpLUT-2eRZMKsuk4EAAdB9SAyzm8FYUnDXLAcTsriRMrDM15Be0x5pxDhN0MlrCyhvnk7VpVfySJA3pR9WAx2nMFUjgCeVhBDLu9twSls=" rel="nofollow" target="_blank">www.enerflex.com</a> and under the electronic profile of the Company on SEDAR+ and EDGAR at <a href="https://www.globenewswire.com/Tracker?data=7VS4-w-M8NMXF-CRN7DYLd_7dRQWkLpHTc8c0upw-6Dac-OzyJrZmb_eDeQ5vtNudk33wyWNLWsmTAw0hj6aI-TqHSA7La3U0wbv9fru13A=" rel="nofollow" target="_blank">www.sedarplus.ca</a> and <a href="https://www.globenewswire.com/Tracker?data=7VS4-w-M8NMXF-CRN7DYLTMFiirDXJQ8PPsCCFbKAN7DFOZ5NhRyg-yjhSp0L8kidXaEpJXXYRbWye1GQZHDWRtJK3SUM0t_3lPXS0zp-N0=" rel="nofollow" target="_blank">www.sec.gov/edgar</a>, respectively.</p>  <p align="justify">Investors, analysts, members of the media, and other interested parties, are invited to participate in a conference call and audio webcast on Thursday, August 6, 2026 at 8:00 a.m. (MT), where members of senior management will discuss the Company&#39;s results. A question-and-answer period will follow.</p>  <p align="justify">To participate, register at <a href="https://www.globenewswire.com/Tracker?data=BOxsrFyXAQFSC0JGfzau_OWvTq5Wh-TsJB-ubnN6IA0trlyVHO5Ycj0U-hCiVFWhX3IpJ9pfQXK1H_LvTMbk6MaSG2yhczINwfZ1rok1q3BksRW0ol7HRFy3Lagc6O-pQwkTdspTIbeQWuonRB-CeoAhahMC2zXHSpGEOuH1RjbFZ0TTeu3ArOUpMuLERgx0Pewji6tID0UxkyKHYsaXiJ4AWLXXelBHpHt-ZUSarHu_Y--s7zVOIwfem0Hur7Na" rel="nofollow" target="_blank">https://register-conf.media-server.com/register/BIebea8b6833b642bbbff6b1c892d4954a</a>. Once registered, participants will receive the dial-in numbers and a unique PIN to enter the call. The audio webcast of the conference call will be available on the Enerflex website at <a href="https://www.globenewswire.com/Tracker?data=tmOpLUT-2eRZMKsuk4EAASWPD5GL5wCOKzFTYRou-Cx3Ip1PqdwXqijfQTsnzrkwGwo1goUYVf5c9StIwkLbssm07rOGfXPpkADVwdIUEUc=" rel="nofollow" target="_blank">www.enerflex.com</a> under the Investors section or can be accessed directly at <a href="https://www.globenewswire.com/Tracker?data=BOxsrFyXAQFSC0JGfzau_Dgt41lBjX6htwwBPTdMevSrU_ECUVgIXwhROc_7W4Jxp-9bpWbAB8ko340VogOSFZsjk6gCXYjn3zuM1_DlHMfueNXXdZns-XHqleeNFK6sVC6Y1_-ExJmWvjBTU1F2dw-DvBGmmVnJ5nBuKEY7fn8=" rel="nofollow" target="_blank">https://edge.media-server.com/mmc/p/jgxueet4</a>.</p>  <p align="justify"><strong>ADVISORY REGARDING FORWARD-LOOKING INFORMATION </strong></p>  <p align="justify">This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws and "forward-looking statements" (and together with "forward-looking information", "FLI") within the meaning of the safe harbor provisions of the US Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are FLI. The use of any of the words "plan", "will", and similar expressions, are intended to identify FLI. In particular, this news release includes (without limitation) FLI pertaining to the Company’s expectation to release its financial results and operating highlights for the three and six months ended June 30, 2026, prior to the markets opening on Thursday, August 6, 2026 along with the news release, conference call and audio webcast associated therewith.</p>  <p align="justify">The FLI included in this news release is made as of the date of this news release and is based on the information available to the Company at such time and, other than as required by law, Enerflex disclaims any intention or obligation to update or revise any FLI, whether as a result of new information, future events, or otherwise. This news release and its contents should not be construed, under any circumstances, as investment, tax, or legal advice.</p>  <p align="justify"><strong>ABOUT ENERFLEX<br></br></strong>Enerflex is a leading provider of modular natural gas, power, and treated water technology solutions, delivering value through disciplined execution and a deliberate approach to where we compete. Our customer focused delivery model supports operational excellence, innovation, and scalability across our global footprint with a focus on creating long-term shareholder value.</p>  <p align="justify">With approximately 4,400 engineers, manufacturers, technicians, professionals, and innovators, Enerflex is bound together by a shared vision: <strong>Transforming Energy for a Sustainable Future</strong>. The Company remains committed to the future of natural gas and the critical role it plays, while focused on sustainability offerings to support the world’s energy needs.</p>  <p align="justify">Enerflex’s common shares trade on the Toronto Stock Exchange under the symbol "EFX" and on the New York Stock Exchange under the symbol "EFXT". For more information about Enerflex, visit <a href="https://www.globenewswire.com/Tracker?data=tmOpLUT-2eRZMKsuk4EAATn108x5RgzOpJ4mB0u04zFiI5CE114UTei9LEzmK8ZC-6vnoGhUyTHKt1PTPnK7YX_ygfZxxsenaC5Jphlzpss=" rel="nofollow" target="_blank">www.enerflex.com</a>.</p>  <p align="justify"><strong>For investor and media enquiries, contact:</strong></p>  <p align="justify">Paul Mahoney<br></br>President and Chief Executive Officer<br></br>E-mail: <a href="https://www.globenewswire.com/Tracker?data=WIcPNGyxMDQck5z6Lb3dqETTxIoxNRYNUSU9vjOaVTsidgcy48NMVG8ruINi1LlwN0xGgkAF1ETBkdUEVwsY2TxyS8sH5CzFeIKY-OhVZ_Q=" rel="nofollow" target="_blank">PMahoney@enerflex.com</a></p>  <p align="justify">Preet S. Dhindsa<br></br>Senior Vice President and Chief Financial Officer <br></br>E-mail: <a href="https://www.globenewswire.com/Tracker?data=vnFYR-QtqJKg-w-H6nwct372qL-OAGmUsmeqozzkjep2pJWXYZYQnBnTLQo0fj_n6k-02OkUjG5buNVCsuVXLOjtYuJIz_ifmyA28fhwwTM=" rel="nofollow" target="_blank">PDhindsa@enerflex.com</a></p>  <p align="justify">Jeff Fetterly <br></br>Vice President, Corporate Development and Capital Markets <br></br>E-mail: <a href="https://www.globenewswire.com/Tracker?data=tZbVp_OLMSvPODJjQqorLyXFePQvL2tVs5zsWZ118k-CUxR-3tIAzJYsqW7ZtS6kkZzwCOQF0zbKqSJfoDaeSqZSgVEKvsySfnKgVFpbGJE=" rel="nofollow" target="_blank">JFetterly@enerflex.com</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTc1MjMxMCM3Njc2NjMyIzIyNjQyOTI="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/MGJlZmE4ZTMtNzBiNy00Yzc4LWE1OWEtYTM1YWZhNzQwOGIxLTEyNzU4NDItMjAyNi0wNi0yNC1lbg==/tiny/Enerflex-Ltd-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/a4ff3f3d-6c33-4545-8943-2a05e601e7d5"><img src="https://ml.globenewswire.com/media/a4ff3f3d-6c33-4545-8943-2a05e601e7d5/small/enerflex-logo-rgb-jpg.jpg" border="0" width="150" height="38" alt="Primary Logo"></img></a></p>

Enerflex (TSX: EFX) amended its secured revolving credit facility, extending maturity to 2029 with $800 million available and up to $200 million more potential. The credit line is supported by RBC as agent and includes a $70 million unsecured facility guaranteed by EDC. The update strengthens liquidity ahead of the Q2 results on August 6, 2026 and underpins disciplined capital allocation.

Enerflex Ltd. Announces Extension of Revolving Credit Facility and Timing of Second Quarter Financial and Operational Results

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News