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New APR Energy Deploys 100MW+ of Mobile Gas Turbines for U.S. Based AI Hyperscaler

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New APR Energy is deploying four mobile gas turbines providing 100MW+ of dedicated behind-the-meter power to a major U.S.-based AI hyperscaler. The installation is expected to be completed within the next 10 days with support from Duos Technologies Group, Inc. (Nasdaq: DUOT).

This deployment addresses the growing challenge of securing power solutions from local utilities for data center expansion. New APR Energy's mobile gas turbine fleet offers a fast and flexible alternative to accelerate project timelines and scalability for data center developers.

The gas turbines are part of a portfolio of power generation assets owned by funds managed by Fortress Investment Group, which recently acquired an 850MW power generation portfolio from the original APR Energy. New APR Energy is led by members of the former APR Energy management team who previously installed and operated over 1.5GW of fast power between 2016 and 2020.

Chuck Ferry, Chairman and CEO for New APR Energy and CEO at Duostech, indicated that more deployments are expected to be announced in the coming weeks.

New APR Energy sta implementando quattro turbine a gas mobili che forniranno oltre 100MW di energia dedicata dietro il contatore a un importante hyperscaler AI con sede negli Stati Uniti. L'installazione è prevista per essere completata entro i prossimi 10 giorni con il supporto di Duos Technologies Group, Inc. (Nasdaq: DUOT).

Questa implementazione affronta la crescente sfida di garantire soluzioni energetiche dalle utility locali per l'espansione dei data center. La flotta di turbine a gas mobili di New APR Energy offre un'alternativa rapida e flessibile per accelerare i tempi di progetto e la scalabilità per gli sviluppatori di data center.

Le turbine a gas fanno parte di un portafoglio di beni di generazione di energia di proprietà di fondi gestiti da Fortress Investment Group, che ha recentemente acquisito un portafoglio di generazione di energia da 850MW dall'originale APR Energy. New APR Energy è guidata da membri del precedente team di gestione di APR Energy che ha installato e operato oltre 1.5GW di energia rapida tra il 2016 e il 2020.

Chuck Ferry, Presidente e CEO di New APR Energy e CEO di Duostech, ha indicato che ulteriori implementazioni sono previste per essere annunciate nelle prossime settimane.

New APR Energy está desplegando cuatro turbinas de gas móviles que proporcionarán más de 100MW de energía dedicada detrás del medidor a un importante hyperscaler de IA con sede en EE. UU. Se espera que la instalación se complete en los próximos 10 días con el apoyo de Duos Technologies Group, Inc. (Nasdaq: DUOT).

Este despliegue aborda el creciente desafío de asegurar soluciones de energía de las utilidades locales para la expansión de centros de datos. La flota de turbinas de gas móviles de New APR Energy ofrece una alternativa rápida y flexible para acelerar los plazos de los proyectos y la escalabilidad para los desarrolladores de centros de datos.

Las turbinas de gas son parte de un portafolio de activos de generación de energía propiedad de fondos gestionados por Fortress Investment Group, que recientemente adquirió un portafolio de generación de energía de 850MW de la APR Energy original. New APR Energy está dirigida por miembros del antiguo equipo de gestión de APR Energy que previamente instalaron y operaron más de 1.5GW de energía rápida entre 2016 y 2020.

Chuck Ferry, Presidente y CEO de New APR Energy y CEO de Duostech, indicó que se esperan más despliegues que se anunciarán en las próximas semanas.

New APR Energy는 미국에 본사를 둔 주요 AI 하이퍼스케일러에 100MW 이상의 전력을 제공하는 4개의 이동식 가스 터빈을 배치하고 있습니다. 설치는 Duos Technologies Group, Inc. (Nasdaq: DUOT)의 지원을 받아 향후 10일 이내에 완료될 예정입니다.

이번 배치는 데이터 센터 확장을 위한 지역 유틸리티로부터의 전력 솔루션 확보의 증가하는 문제를 해결합니다. New APR Energy의 이동식 가스 터빈 함대는 데이터 센터 개발자를 위한 프로젝트 일정 및 확장성을 가속화할 수 있는 빠르고 유연한 대안을 제공합니다.

가스 터빈은 Fortress Investment Group가 관리하는 펀드가 소유한 전력 생성 자산 포트폴리오의 일부로, 최근 원래 APR Energy로부터 850MW 전력 생성 포트폴리오를 인수했습니다. New APR Energy는 2016년부터 2020년까지 1.5GW 이상의 신속한 전력을 설치하고 운영했던 이전 APR Energy 관리 팀의 구성원이 이끌고 있습니다.

Chuck Ferry, New APR Energy의 회장 겸 CEO이자 Duostech의 CEO는 향후 몇 주 내에 더 많은 배치가 발표될 것으로 예상된다고 밝혔습니다.

New APR Energy déploie quatre turbines à gaz mobiles fournissant plus de 100MW d'énergie dédiée derrière le compteur à un important hyperscaler IA basé aux États-Unis. L'installation devrait être achevée dans les 10 prochains jours avec le soutien de Duos Technologies Group, Inc. (Nasdaq: DUOT).

Ce déploiement répond au défi croissant de sécuriser des solutions d'énergie auprès des services publics locaux pour l'expansion des centres de données. La flotte de turbines à gaz mobiles de New APR Energy offre une alternative rapide et flexible pour accélérer les délais de projet et la scalabilité pour les développeurs de centres de données.

Les turbines à gaz font partie d'un portefeuille d'actifs de production d'énergie détenu par des fonds gérés par Fortress Investment Group, qui a récemment acquis un portefeuille de production d'énergie de 850MW de l'ancienne APR Energy. New APR Energy est dirigée par des membres de l'ancienne équipe de direction d'APR Energy qui ont précédemment installé et exploité plus de 1.5GW d'énergie rapide entre 2016 et 2020.

Chuck Ferry, Président et CEO de New APR Energy et CEO de Duostech, a indiqué que d'autres déploiements devraient être annoncés dans les semaines à venir.

New APR Energy setzt vier mobile Gasturbinen ein, die über 100MW dedizierte Energie hinter dem Zähler für einen großen, in den USA ansässigen AI-Hyperscaler bereitstellen. Die Installation soll innerhalb der nächsten 10 Tage mit Unterstützung von Duos Technologies Group, Inc. (Nasdaq: DUOT) abgeschlossen werden.

Dieses Deployment adressiert die wachsende Herausforderung, Energie-Lösungen von lokalen Versorgungsunternehmen für die Erweiterung von Rechenzentren zu sichern. Die mobile Gasturbinenflotte von New APR Energy bietet eine schnelle und flexible Alternative, um Projektzeitpläne und Skalierbarkeit für Rechenzentrumsentwickler zu beschleunigen.

Die Gasturbinen sind Teil eines Portfolios von Energieerzeugungsanlagen, das von Fonds verwaltet wird, die von Fortress Investment Group betrieben werden, die kürzlich ein 850MW Energieerzeugungsportfolio von der ursprünglichen APR Energy erworben hat. New APR Energy wird von Mitgliedern des ehemaligen Managementteams von APR Energy geleitet, die zwischen 2016 und 2020 über 1.5GW schnelle Energie installiert und betrieben haben.

Chuck Ferry, Vorsitzender und CEO von New APR Energy sowie CEO von Duostech, gab an, dass in den kommenden Wochen weitere Deployments angekündigt werden sollen.

Positive
  • DUOT supporting deployment of 100MW+ power solution to major AI hyperscaler
  • Installation expected to complete in just 10 days
  • Asset management agreement with New APR Energy
  • CEO indicates more deployments expected in coming weeks
  • Addressing growing power demand for AI data centers
  • Leveraging experienced team with history of 1.5GW fast power deployment
Negative
  • None.

Insights

Duos Technologies' partnership with New APR Energy marks a potentially transformative expansion beyond its core rail inspection technology business into the high-demand data center power infrastructure market. This 100MW+ deployment addresses a critical bottleneck in AI infrastructure expansion, where power constraints have become a significant limiting factor for hyperscalers.

The financial implications for DUOT (market cap: $62.3 million) could be substantial. While specific revenue projections aren't disclosed, this represents a strategic diversification that leverages DUOT's operational capabilities in a higher-growth sector. The company's asset management agreement with New APR Energy creates a recurring revenue opportunity that could meaningfully supplement DUOT's traditional technology solutions business.

What's particularly compelling is the speed-to-market advantage. Traditional power infrastructure projects often require 3-5 years for development and regulatory approval, while this mobile solution can be deployed in just 10 days. This timing advantage positions DUOT to capitalize on the urgent power needs of AI hyperscalers who cannot afford to wait for utility-scale solutions.

The dual leadership role of Chuck Ferry (CEO of both entities) creates strong operational alignment but also raises questions about resource allocation and focus. Investors should monitor whether this new venture complements or distracts from DUOT's core technology business.

The announcement references "many other data center operators and hyperscalers seeking similar support," suggesting a substantial pipeline. If DUOT can secure additional deployments, it could establish a meaningful foothold in the AI infrastructure support sector—a market experiencing exponential growth due to generative AI power demands.

This venture represents a calculated pivot into a high-demand market, though execution risks remain. The company will need to demonstrate that it can effectively manage these power assets while maintaining focus on its existing technology business. If successful, this diversification could significantly alter DUOT's growth trajectory and potentially lead to a re-rating of its stock as it becomes positioned as an AI infrastructure enabler.

Partners with Duos Technologies to deploy, install, and operate 100MW+ Behind-the-Meter Power Data Center Solution

JACKSONVILLE, Fla., Feb. 25, 2025 (GLOBE NEWSWIRE) -- New APR Energy LLC (“New APR Energy”), a global leader in fast-track energy solutions, is deploying four mobile gas turbines providing 100MW+ of dedicated behind-the-meter power to a major U.S.-based AI hyperscaler. New APR Energy is expected to complete the installation in the next 10 days with the support of Duos Technologies Group, Inc. (“Duostech”) (Nasdaq: DUOT).

DUOT_PR_APREnergyContractL2

Securing power solutions from local utilities has become a challenge for data center expansion. New APR Energy’s mobile gas turbine fleet offers a fast and flexible alternative that can accelerate a data center developer’s project timeline and scalability.

The gas turbines being deployed are part of a portfolio of power generation assets owned by funds managed by affiliates of Fortress Investment Group (“Fortress”). Fortress recently announced the acquisition of the 850MW power generation portfolio from the original APR Energy, a subsidiary of Atlas Corporation, and a concurrent agreement with Duostech to assist in overseeing the management and deployment of the assets. New APR Energy, through an asset management agreement with Duostech, is led by members of the former APR Energy management team who successfully installed and operated over 1.5GW of fast power between 2016 and 2020.

Chuck Ferry, the Chairman and CEO for New APR Energy and CEO at Duostech said, “We are excited to deploy New APR Energy’s first 100MW to a U.S.-based data center. This deployment is a good proof point for our investment thesis for Behind-the-Meter power demand. We are currently in discussions with many other data center operators and hyperscalers seeking similar support and expect to announce more deployments in the coming weeks. It is also a real pleasure to have reunited many of my former APR Energy teammates with our Duostech staff to see immediate success in the power and data center sector. This talented and experienced team has years of practical experience deploying and operating these assets.”

To learn more about New APR Energy, please visit www.aprenergy.com.
To learn more about Fortress investment Group, please visit www.fortress.com.
To learn more about Duos Technologies Group, please visit www.duostech.com.

About New APR Energy
New APR Energy, based in Jacksonville, Florida, provides rapidly deployable mobile power to data center and utility operators for emergency, temporary, bridging, and permanent energy solutions. The New APR team has over 100 years of experience installing fast power plants using mobile gas turbines in the U.S. and internationally. New APR Energy creates unique value through delivering large-scale power projects anywhere in the world in weeks and months versus the typical 2-5 years required to construct a permanent power plant. For more information, please visit www.aprenergy.com.

About Fortress Investment Group
Fortress Investment Group LLC is a leading, highly diversified global investment manager. Founded in 1998, Fortress manages $49 billion of assets under management as of September 30, 2024, on behalf of approximately 2,000 institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies. For more information, please visit www.fortress.com.

About Duos Technologies Group, Inc.
Duos Technologies Group, Inc. (Nasdaq: DUOT), based in Jacksonville, Florida, operates in three major lines of business: Machine Vision/AI Intelligent Technology, Edge Data Center Infrastructure, and Power Solutions. For more information, visit www.duostech.com.

Forward- Looking Statements
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things Duos Technologies Group, Inc.’s plans, strategies and prospects -- both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law. All forward-looking statements attributable to Duos Technologies Group, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ccd5eee9-17b0-41a9-907f-48973f756bb8

This press release was published by a CLEAR® Verified individual.


FAQ

What is the capacity of New APR Energy's deployment for the AI hyperscaler?

New APR Energy is deploying four mobile gas turbines providing over 100MW of dedicated behind-the-meter power to a major U.S.-based AI hyperscaler.

When will New APR Energy complete the installation of the mobile gas turbines?

New APR Energy is expected to complete the installation within 10 days of the February 25, 2025 announcement, with support from Duos Technologies (DUOT).

How does New APR Energy's solution help data center developers?

New APR Energy's mobile gas turbine fleet offers a fast and flexible alternative to traditional utility power, accelerating data center developers' project timelines and scalability when securing power from local utilities has become challenging.

What is Duos Technologies' (DUOT) role in the New APR Energy deployment?

Duos Technologies (DUOT) is supporting the installation of the mobile gas turbines and has an asset management agreement with New APR Energy to assist in overseeing the management and deployment of the power generation assets.

How much power generation capacity did Fortress Investment Group acquire from the original APR Energy?

Fortress Investment Group acquired an 850MW power generation portfolio from the original APR Energy, a subsidiary of Atlas

What is the relationship between Chuck Ferry, New APR Energy, and Duos Technologies (DUOT)?

Chuck Ferry serves as both the Chairman and CEO for New APR Energy and as the CEO at Duos Technologies (DUOT), creating a leadership connection between the two companies.

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