Duos signs asset management agreement with Fortress
Duos Technologies Group's subsidiary, Duos Energy Corporation, has signed a two-year agreement with Fortress Investment Group to manage mobile gas turbines with a total capacity of 850 megawatts.
MAIN POINTS
- Duos Energy Corporation will manage a fleet of mobile gas turbines.
- The agreement spans two years and involves asset management.
- The turbines have a total generation capacity of 850 megawatts.
- Fortress Investment Group affiliates are the partners in this agreement.
TAKEAWAYS
- This agreement highlights Duos Energy's role in energy asset management.
- Mobile gas turbines offer flexibility in power generation.
- The partnership with Fortress Investment Group could enhance Duos Energy's market presence.
- The 850 megawatts capacity indicates significant power generation potential.