Baker Hughes (BKR) announced Tuesday an award from Twenty20 Energy for 10 Frame 5 gas turbines and associated generator technology supporting up to 250 MW of power generation capacity. Initial deliveries are scheduled for 2027 and have been designated for Twenty20 Energy’s data center projects in Georgia and Texas. This significant order comes as Baker Hughes and Twenty20 Energy move toward a strategic agreement under which Baker Hughes will supply multi-gigawatt power generation equipment. The collaboration is designed to deliver resilient, reliable and sustainable power to meet the rapidly increasing demand for AI and digital infrastructure across the United States.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BKR:
- Baker Hughes–Chart Merger Faces Regulatory Hurdles, Integration Risks and Market Volatility Ahead of 2025 Close
- Baker Hughes reports U.S. rig count up 5 to 551 rigs
- Baker Hughes to provide downstream chemicals for Marathon Petroleum
- Baker Hughes price target raised to $63 from $58 at Stifel
- Baker Hughes price target raised to $65 from $55 at BofA