What happened, with direct paths to the underlying reporting
Enerflex (EFXT) surged after winning a 450 MW Engineered Systems contract to supply behind-the-meter natural gas power for a North American data center developer, with deliveries set for 2027-2028. The company also outlined 2026 capex guidance of about $15 million for PP&E and $85 million in additional investments to scale Engineered Systems, signaling a meaningful growth pipeline expected to exceed 2 GW.
Enerflex wins 450 MW Engineered Systems contract for behind-the-meter gas power.
Deliveries 2027-2028; $15m capex for 2026 guidance and $85m extra investments.
Pipeline for Engineered Systems exceeds 2 gigawatts.
EFXT stock up ~11% on news.
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