BKV signs equipment supply contract for Texas power project, targets 1,200 MW capacity

• BKV signed an equipment supply contract with a Tier 1 supplier for a prospective 1,200-megawatt gas-fired power project in Texas.
• A backstop agreement with an investment-grade hyperscaler reimburses part of BKV’s equipment and project costs; the hyperscaler is the intended offtaker.
• The backstop covers about 90% of payments due through March 31, 2027 under the equipment supply contract.
• If no offtake deal is reached by March 31, 2027, BKV can terminate the supply contract with no further payment obligations.
• Equipment deliveries are scheduled to start in September 2028.

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. BKV Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202610070700BIZWIRE_USPR_____20261007_BW903228) on October 07, 2026, and is solely responsible for the information contained therein.