Announcement • Jul 22

Enterprise Group, Inc. Adds 3.2 MW SPG4 Natural Gas Turbine Generator to Evolution Power Fleet

Enterprise Group announced the addition of a new SPG4 3.2-megawatt natural gas turbine generator to the growing fleet of its wholly owned subsidiary, Evolution Power. The acquisition represents another significant milestone in Enterprise's strategy of expanding its fleet with larger-scale natural gas generation assets capable of displacing diesel power across drilling, completions, production, industrial, and emerging data center applications. Delivering 3.2 megawatts (approximately 4,300 horsepower) of dependable power, the SPG4 provides operators with a high-output solution capable of rapid deployment to remote locations while operating on a remarkably broad range of gaseous and liquid fuels. The platform has accumulated more than 12 million operating hours worldwide in mission-critical applications and combines aerospace-derived engineering, advanced control systems, and a rugged package specifically designed for demanding operating environments. The Company views this initial deployment as the first step in developing a broader fleet of larger-capacity natural gas turbine solutions to complement Evolution Power's existing microturbine platform. A key differentiator of the SPG4 platform is its ability to be configured for either mobile or permanent installations. Unlike conventional reciprocating generator packages, the SPG4's single-shaft rotational architecture dramatically reduces the number of moving components, maximizing mechanical reliability while delivering exceptional uptime in continuous-duty operations and lower total lifecycle costs. The turbine is equally suited for permanent installations and combined heat and power (CHP) applications, providing customers with a highly versatile platform capable of supporting both temporary and long-term power requirements. The addition of the SPG4 significantly strengthens Evolution Power's ability to help customers transition away from diesel-powered generation. The turbine delivers substantial reductions in emissions and operating noise while enabling operators to utilize readily available, low-cost field gas. By replacing multiple diesel generators with a centralized natural gas power solution, customers can simplify fuel logistics, improve operational control, reduce maintenance requirements, lower overall operating costs, and achieve increasingly stringent environmental compliance objectives. The SPG4 is particularly well positioned to transform power generation on modern AC drilling rigs, where operators can now supplement or replace traditional diesel generation with a single natural gas-powered turbine. This approach has the potential to generate meaningful savings through lower fuel costs, reduced transportation requirements, minimized downtime, decreased maintenance, lower emissions, and significantly quieter operations. Beyond conventional oil and gas applications, Enterprise believes the SPG4 is exceptionally well suited for the rapidly emerging market of modular artificial intelligence (AI) data centers. As demand accelerates for smaller, flexible, and scalable computing infrastructure located near abundant and economical natural gas resources, the SPG4 provides an attractive solution capable of delivering reliable baseload power independent of grid constraints. The SPG4 turbine has now been received at Evolution Power's facility, where it is undergoing final inspection, certification, and commissioning activities in preparation for customer deployment. The Company expects the unit to be commercially available for customer projects during the fourth quarter of 2026. The Company continues to see increasing demand for high-capacity natural gas power solutions as producers, industrial operators, and infrastructure developers pursue lower operating costs, improved energy security, and reduced environmental impacts. The addition of the SPG4 further reinforces Enterprise's commitment to providing innovative, reliable, and economically compelling power solutions that support the evolving needs of its customers across North America.

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Enterprise Group, Inc. Adds 3.2 MW SPG4 Natural Gas Turbine Generator to Evolution Power Fleet

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