Net Power secures 123 MW capacity rights with $20M deposit
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Net Power Signs Agreements for Additional Power Generation to Advance its Power-First Strategy
August 24, 2026 9:15 AM EDTHOUSTON--(BUSINESS WIRE)-- Net Power Inc. (NYSE: NPWR) (Net Power) today announced two agreements advancing its power-first strategy prioritizing speed, reliability, and scale for large-load customers.
Net Power has secured the rights to acquire 123 megawatts (MW) of new power generation equipment which, upon closing of the agreement, would bring Net Powers total potential power generation capacity to nearly 200 MW for the first phase of Project Permian, its inaugural powered land project in Texas.
Separately, Net Power and a prospective end customer have entered into a cost reimbursement agreement that provides for,... More
