Flotek wins 10-year, $400M contract with Puerto Rico Electric Power Authority for 400 MW gas-fired power project

FLOTEK INDUSTRIES INC/CN/

10-year agreement with PREPA; expected revenue backlog of approximately $400 million.
Annual revenue expected to total ~$40 million at full deployment; equipment deployment begins Q4 2026.
Flotek to provide PWRtek platform including up to 40 MW primary power generation and up to six smart skids.
Partnership with Power Expectations LLC for Emergency Temporary Power Generation Puerto Rico project (RFP 3PPO-0314-20-TGP2).
CEO states contract validates demand for PWRtek platform beyond traditional oil and gas, shifting to recurring high-margin revenue.

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