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Liberty Energy discloses terms of $493.2M NES-WES power equipment supply contract, deliveries 2028-29
Liberty Energy Inc.
- Signed Feb 13, 2026, $493,155,400 NES-WES contract for INNIO JMC 624 engines for data center projects.
- Amendment No. 1 on May 27, 2026 adjusted milestone invoice and payment events under the contract.
- Equipment delivery milestones, performance testing, and takeover scheduled for 2028 and 2029.
- Clarifies prior disclosure omission; no new capital commitments, remaining $1.1B incl. $801M Caterpillar deal unchanged.
- Payment structure includes non-refundable down payment plus installments on scheduling, delivery, and takeover.