Flotek wins 10-year PREPA support contract, sees $400 million revenue backlog
Reuters2026/08/03 10:00Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Flotek signed a 10-year agreement to support PREPA’s 400 MW natural gas-fired emergency power project in Puerto Rico.
- Revenue backlog expected at about USD 400 million from equipment rentals, smart conditioning, analytics, fuel management, pressure regulation, distribution systems.
- Full deployment implies about USD 40 million annual revenue over the contract term.
- Initial support equipment deployment targeted for Q4 2026.
- Initial power generation equipment, conditioning, distribution skids targeted by end of Q1 2027.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Flotek Industries Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608030600PR_NEWS_USPR_____DA17385) on August 03, 2026, and is solely responsible for the information contained therein.
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