FTAI Aviation says J&F Power wins USD 1.47 billion gas turbine generator set order from cloud provider

Reuters2026/07/22 12:36

By:Reuters

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FTAI Aviation’s J&F Power Systems joint venture signed a master supply agreement with a leading international cloud service provider.
Initial purchase order valued at $1.47 billion for Mod-1 mobile gas turbine generator sets, covering a substantial share of targeted 2027 deliveries.
Equipment scheduled for batch deliveries through November 2027 to support the customer’s power infrastructure buildout.
Milestone-based payments start with an advance at signing, followed by progress payments through production, testing, commissioning.
Final settlement includes performance adjustments; downside capped at 10% of affected equipment value for lower power output.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FTAI Aviation Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607220836PRIMZONEFULLFEED9766318) on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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FTAI Aviation says J&F Power wins USD 1.47 billion gas turbine generator set order from cloud provider

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