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Enterprise Group Inc (2)
Symbol E
Shares Issued 81,211,876
Close 2026-07-13 C$ 1.54
Market Cap C$ 125,066,289
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Enterprise Group's Evolution Power adds two new clients

2026-07-13 18:15 ET - News Release

Mr. Leonard Jaroszuk reports

ENTERPRISE GROUP ANNOUNCES ADDITION OF TWO NEW CLIENTS

Enterprise Group Inc. has entered a new business relationship with two intermediate Canadian-based oil and gas producers.

Enterprise Group, through its wholly owned subsidiary, Evolution Power Projects, is pleased to announce the addition of two new clients. Both energy producers have adopted EPP's natural-gas-to-electricity solutions, with each completing its initial project. Building on these successful deployments, additional projects are now either under way or in various stages of planning, reflecting growing customer confidence in EPP's technology and execution capabilities.

Evolution Power continues to expand its presence across Western Canada by delivering mobile and semi-permanent natural gas power solutions tailored to energy producers' operational requirements. EPP's concept-to-completion approach provides clients with system design, deployment, commissioning and continuing support, enabling reliable power delivery while supporting emission reduction and long-term sustainability objectives.

To support increasing customer demand and a growing pipeline of opportunities, Enterprise is expanding its power generation fleet throughout 2026, which will include the addition of seven FlexEnergy natural gas turbine generators that are scheduled for delivery throughout the third and fourth quarters. These additional units will further strengthen the company's ability to meet rising customer requirements while preserving the rapid deployment capabilities, operational reliability and high level of customer service that have become defining attributes of Evolution Power.

"These new customer relationships represent another important milestone in the continued growth of Evolution Power Projects," said Leonard D. Jaroszuk, chief executive officer and chairman of Enterprise Group. "We believe the industry is still in the early stages of adopting natural-gas-powered electrification, and we continue to see increasing demand from producers seeking reliable, lower-emission alternatives to conventional diesel generation. The fact that both clients have already advanced beyond their initial projects speaks to the confidence they have in our team, our technology and our ability to deliver measurable economic and environmental benefits. Our decision to expand our fleet of turbine generators reflects both the strength of our current customer activity and our confidence in the continued growth of this market. We remain focused on executing our growth strategy and expanding our leadership position in this rapidly evolving market."

About Enterprise Group Inc.

Enterprise Group is a consolidator of services, including specialized natural gas power generation equipment to the energy/resource and industrial sectors. The company works with particular emphasis on systems and technologies that mitigate, reduce or eliminate carbon dioxide, greenhouse gas and other harmful emissions for itself and its clients. The company is known to local Tier 1 and international resource companies with operations in Western Canada.

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