Enerflex Ltd. shares surged 13% following the award of a contract to supply over one gigawatt of natural gas-fired power generation equipment for a major North American data centre project. This contract adds to Enerflex's backlog of behind-the-meter power generation, now exceeding 1.75 gigawatts with deliveries planned through 2028. The company is investing about $100 million to expand its manufacturing capacity and improve efficiency to meet growing demand. This deal strengthens Enerflex's position in the on-site power generation market, crucial for energy-intensive data centres seeking reliable power amid grid constraints.
Enerflex's recent contract for over 1GW of data centre power equipment provides context for energy market activity. For readers following the energy sector, here is Pluang's market snapshot as of Oct 13, 2026 23:21 WIB: Among 62 priced US energy stocks, 43 advanced and 19 declined. Notable movers include Valero Energy Corporation (VLO) at USD 449.25 with a 3.04% gain and a typical hold time of 57 days, Permian Resources Corporation (PR) at USD 24.07 up 2.86% with a 3-day hold, and Cenovus Energy Inc (CVE) at USD 32.69 rising 2.61% with a 46-day hold time.
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