Duos signs $42M asset management deal with Fortress for 850 MW gas turbine fleet

DUOS TECHNOLOGIES GROUP, INC.

Two-year Asset Management Agreement valued at $42M to deploy and operate 850 MW of mobile gas turbines.
Portfolio being acquired by Fortress from APR Energy; Duos to oversee management and deployment.
Duos targeting US data center developers and international projects for immediate-demand power.
Deployment of mobile turbines can occur in weeks, providing behind-the-meter power solutions.
Transaction close subject to customary conditions and regulatory approvals.

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