Baker Hughes Shares Rise After Major Gas Turbine Order Secured From Dynamis Power Solutions

MT Newswires Live

07/30

Baker Hughes (BKR) shares were up 2.5% in afternoon trading on Wednesday after the company said it secured a major order for 76 NovaLT 16 gas turbines from Dynamis Power Solutions.

The gas turbines, which will be paired with gearboxes and generators, total around 1.3 gigawatts of mobile power generation and will be used for data center projects as well as oil and gas applications, the company said.

Financial terms of the deal were not provided.

Price: 59.94, Change: +1.48, Percent Change: +2.53

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