FTAI Aviation says J&F Power wins USD 1.47 billion gas turbine generator set order from cloud provider
FTAI•Final settlement includes performance adjustments
Final settlement includes performance adjustments; downside is capped at 10% of affected equipment value for lower power output.
Deliveries through November 2027 and payment terms
Equipment is 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 and commissioning.
J&F Power signs master supply agreement with cloud service provider
FTAI Aviation’s J&F Power Systems joint venture signed a master supply agreement with a leading international cloud service provider.
The initial purchase order is valued at $1.47 billion for Mod-1 mobile gas turbine generator sets, covering a substantial share of targeted 2027 deliveries.
