BHI. Baker Hughes

Baker Hughes Secures Order to Provide Reliable and Efficient Power to U.S. Data Centers

Baker Hughes Secures Order to Provide Reliable and Efficient Power to U.S. Data Centers

  • Award features NovaLT™ gas turbine technology to be provided to TURBINE-X Energy Inc., part of Baker Hughes’ network of authorized data center packagers

HOUSTON and LONDON, March 13, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday an award from TURBINE-X Energy Inc. for its NovaLT™ gas turbine technology to address power demand growth from the data center market. This follows an announcement earlier this month that .

Part of Baker Hughes established global network of strategic packagers, TURBINE-X Energy Inc. is a supplier of industrial gas turbine packages in combined cycle configurations for U.S. data center project developers and power producers. As part of the award, Baker Hughes is providing TURBINE-X Energy Inc. with its NovaLT™ gas turbine technology and associated equipment – including gears and power generation generator technology – for multiple data center projects across North America.

The NovaLT™ gas turbine is a multi-fuel solution that can start-up and run on different fuels including natural gas, various blends of natural gas and hydrogen, and 100% hydrogen, providing customers with the flexibility to adapt and meet their specific reliable and sustainable power requirements.

“Due to surging demand for generative AI, we see increasing opportunities for our power generation solutions to support behind-the-meter power requirements for data centers,” said Ganesh Ramaswamy, executive vice president of Industrial & Energy Technology at Baker Hughes. “We’re ready to drive progress at scale, leveraging our expertise and network of strategic partners to quickly provide market-ready reliable, flexible and efficient solutions to partners in the data center market, as well as broader industrial adjacencies where access to power is business critical.”

With a , including natural gas, geothermal, hydrogen, cogeneration, and the Net Power platform, Baker Hughes is able to provide market-ready, efficient and flexible solutions for data center hyperscalers, project developers, packagers and end users.

About Baker Hughes

Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at .

For more information, please contact:

Media Relations

Chiara Toniato



 

Investor Relations

Chase Mulvehill





EN
13/03/2025

Underlying

BHI.Baker Hughes

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Baker Hughes

 PRESS RELEASE
Free
BHI. BAKER HUGHES

Baker Hughes Company Announces First-Quarter 2025 Results

Baker Hughes Company Announces First-Quarter 2025 Results First-quarter highlights Orders of $6.5 billion, including $3.2 billion of IET orders.RPO of $33.2 billion, including record IET RPO of $30.4 billion.Revenue of $6.4 billion, consistent year-over-year.Attributable net income of $402 million.GAAP diluted EPS of $0.40 and adjusted diluted EPS* of $0.51.Adjusted EBITDA* of $1,037 million, up 10% year-over-year.Cash flows from operating activities of $709 million and free cash flow* of $454 million.Returns to shareholders of $417 million, including $188 million of share repurchases. HO...

April 22, 2025 1 EN
 PRESS RELEASE
Free
BHI. BAKER HUGHES

Baker Hughes Declares Quarterly Dividend

Baker Hughes Declares Quarterly Dividend HOUSTON and LONDON, April 22, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a quarterly cash dividend of $0.23 per share of Class A common stock payable on May 16, 2025, to holders of record on May 6, 2025. Baker Hughes expects to fund its quarterly cash dividend from cash generated from operations. About Baker Hughes:Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experienc...

April 22, 2025 1 EN
 PRESS RELEASE
Free
BHI. BAKER HUGHES

Baker Hughes Awarded Integrated Coiled-Tubing Drilling Contract for Du...

Baker Hughes Awarded Integrated Coiled-Tubing Drilling Contract for Dubai Petroleum Establishment’s Margham Gas Storage Project CoilTrak™ system allows for increased reservoir connectivity through efficient slim-hole multilateral drillingProject strengthens Dubai’s low-carbon energy capabilitiesAward follows major order for Baker Hughes’ Integrated Compressor Line (ICL) units HOUSTON and LONDON, March 26, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday a multi-year contract with Dubai Petroleum Establishment (DPE), for and on behalf ...

March 26, 2025 1 EN
 PRESS RELEASE
Free
BHI. BAKER HUGHES

Baker Hughes to Provide Fully Integrated Completions for Petrobras’ Of...

Baker Hughes to Provide Fully Integrated Completions for Petrobras’ Offshore Fields New solutions will support remote operations in deepwater fieldsTechnology allows real-time response to evolving well conditions across multiple zones HOUSTON and LONDON, March 20, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday a major, multi-year fully integrated completions systems contract with Petrobras. The award followed an open tender and will leverage Baker Hughes’ innovative completions technology portfolio and extensive experience in Brazi...

March 20, 2025 1 EN
 PRESS RELEASE
Free
BHI. BAKER HUGHES

Baker Hughes Secures Order to Provide Reliable and Efficient Power to ...

Baker Hughes Secures Order to Provide Reliable and Efficient Power to U.S. Data Centers Award features NovaLT™ gas turbine technology to be provided to TURBINE-X Energy Inc., part of Baker Hughes’ network of authorized data center packagers HOUSTON and LONDON, March 13, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday an award from TURBINE-X Energy Inc. for its NovaLT™ gas turbine technology to address power demand growth from the data center market. This follows an announcement earlier this month that . Part of Baker Hughes establish...

March 13, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch