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Enterprise Group Subsidiary Adds Two New Clients

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Enterprise Group (E.TO) on Monday said its Evolution Power Projects (EPP) unit added two intermediate Canadian based oil and gas producers who have adopted EPP's natural gas-to-electricity solutions.

Each client has completed an initial project. Additional projects are either underway or in different stages of planning, a statement said.

Enterprise is also expanding its power generation fleet throughout 2026 which will include seven new FlexEnergy natural-gas turbine generators. The generators are scheduled for delivery throughout the third and fourth quarters.

The company is a consolidator of specialized equipment and services to the energy, resource, and industrial sectors, focused on natural gas-powered solutions that help reduce greenhouse gas (GHG), and other harmful emissions.

"We believe the industry is still in the early stages of adopting natural gas-powered electrification, and we continue to see increasing demand from producers seeking reliable, lower-emission alternatives to conventional diesel generation," said chief executive Leonard Jaroszuk.

Enterprise shares were last seen up C$0.02, or 1.3%, to C$1.52 on the Toronto Stock Exchange.

Price: $1.52, Change: $+0.02, Percent Change: +1.33%

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