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News 2026-10-07 11:05 UTC

BKV secures power generation equipment supply contract with hyperscaler backstop

BKV Corporation has signed an equipment supply contract for 1,200 megawatts of natural gas-fired power generation equipment for a Texas project, with deliveries starting in September 2028. A leading investment-grade hyperscaler has provided a backstop agreement, covering about 90% of payments through March 2027, and is