Net Power closes acquisition of rights to 123-MW natural gas generation equipment for Project Permian

• Net Power closed its acquisition of contractual rights to 123 MW of new natural gas power generation equipment for Project Permian.
• The deal transfers EMPower’s position under an EPC contract with Saulsbury for a 123 MW reciprocating-engine facility.
• Wärtsilä will supply 10 engine-generator sets for the plant; Saulsbury remains the turnkey EPC contractor.
• The transaction lifts first-phase potential capacity at Project Permian to nearly 200 MW.
• Net Power acquired the rights on Aug. 31, 2026, with the facility slated for relocation to West Texas.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Net Power Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202609031615BIZWIRE_USPR_____20260903_BW171714) on September 03, 2026, and is solely responsible for the information contained therein.