Net Power closes acquisition of rights to 123-MW natural gas generation equipment for Project Permian - NPWR News | RalliesNet Power closes acquisition of rights to 123-MW natural gas generation equipment for Project Permian
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NPWR• Net Power closes acquisition of rights for Project Permian equipment
- Net Power closed its acquisition of contractual rights to 123 MW of new natural gas power generation equipment for Project Permian.
- The deal transfers EMPower’s position under an EPC contract with Saulsbury for a 123 MW reciprocating-engine facility.
- Wärtsilä will supply 10 engine-generator sets for the plant; Saulsbury remains the turnkey EPC contractor.
- The transaction lifts first-phase potential capacity at Project Permian to nearly 200 MW.
- Net Power acquired the rights on Aug. 31, 2026, with the facility slated for relocation to West Texas.
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