DealsJun 25, 2026, 04:22 PM
Liberty Energy subsidiary signs $332.6M supply contract with Wärtsilä
AI Summary
Liberty Advanced Equipment Technologies LLC, a wholly owned subsidiary of Liberty Energy Inc., has entered into a supply contract with Wärtsilä North America, Inc. The agreement, valued at approximately $332.6 million, is for the purchase of power generation equipment and related services. This equipment is intended for Liberty Energy's prospective data center and other distributed power projects, with deliveries anticipated between 2029 and 2030. Liberty Energy Inc. will provide a parent guarantee for the payment of the contract price.
Key Highlights
- Liberty Energy subsidiary signed a supply contract with Wärtsilä North America, Inc.
- Contract value is approximately $332.6 million for power generation equipment.
- Equipment is for prospective data center and other distributed power projects.
- Delivery and takeover milestones are expected from 2029 through 2030.
- Liberty Energy Inc. is providing a parent guarantee for the contract price.
- The contract includes provisions for liquidated damages and termination conditions.
Price Impact
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