BKV Announces Power Generation Equipment Supply Contract Backed by Agreement with a Leading Investment-Grade Hyperscaler
BKV Corporation says a wholly owned subsidiary executed an equipment supply contract for natural gas-fired power generation equipment for a prospective Texas project, with a backstop agreement from a leading investment-grade hyperscaler that covers approximately 90% of payments owed through March 31, 2027. The supplier is to deliver approximately 1,200 megawatts of equipment beginning in September 2028.