Flotek Industries Secures 10-Year $400 Million Puerto Rico Energy Deal

Under the terms of the deal, Flotek will provide its proprietary PWRtek platform, which includes up to 40 MW of power generation capacity and six pairs of smart conditioning and distribution skids. These systems are designed to manage fuel regulation and provide real-time engine analytics to improve performance across the larger 400 MW project. Flotek is partnering with Power Expectations LLC to execute the initiative, which stems from the Emergency Temporary Power Generation project.

Financial projections suggest the contract will generate approximately $40 million annually, reaching a $400 million revenue backlog over the 10-year term. Deployment of support equipment is slated to begin in the final quarter of 2026, with the primary generation and conditioning systems expected on-site by early 2027. CEO Ryan Ezell noted that the project validates the company's strategic pivot toward high-margin, recurring revenue streams through data-driven technology. Flotek expects to offer further insight into the contract during its second-quarter earnings call scheduled for August 5, 2026.