Enerflex Stock Climbs Thursday: What's Going On?

Enerflex Ltd. (NYSE: EFXT) shares rose 11.54% to $25.42 following the announcement of a major contract to provide 450 megawatts of natural gas power generation units for a North American data center developer, with deliveries scheduled from 2027 to 2028. The company plans to invest approximately $15 million in capital expenditures for its Engineered Systems business and has authorized an additional $85 million for facility enhancements, primarily expected in 2027. Enerflex's CEO highlighted the growing demand for reliable power solutions that support AI and digital infrastructure, with an opportunity pipeline exceeding 2 gigawatts.