Duos to deploy and operate a fleet of mobile gas turbines being acquired by funds managed by affiliates of Fortress Investment GroupJACKSONVILLE, Fla., Nov.20, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc.("Duos” or the "Company”) (Nasdaq: DUOT), is pleased to announce that its operating subsidiary Duos Energy Corporation has signed a two-year Asset Management Agreement ("AMA”) to deploy and operate a fleet of mobile gas turbines and balance-of-plant inventory ("the portfolio” or "the assets”) that has a combined generation capacity of 850 megawatts.
To learn more about Duos Energy Corporation, visit: To Learn more about Fortress Investment Group, visit: learn more about Duos Technologies, visit About Duos Energy Corporation Duos Energy Corporation, a subsidiary of Duos Technologies Group, Inc.(Nasdaq: DUOT), focuses on developing, owning, and operating sustainable energy projects to power Edge Data Centers and critical infrastructure industrial facilities across the United States.
Duos Technologies Group, Inc.(Nasdaq: DUOT), based in Jacksonville, Florida, through its wholly owned subsidiaries, Duos Technologies, Inc., Duos Edge AI, Inc., and Duos Energy Corporation, designs, develops, deploys and operates intelligent technology solutions for Machine Vision and Artificial Intelligence ("AI”) applications including real-time analysis of fast-moving vehicles, Edge Data Centers and power consulting.
The story "Duos Technologies Signs $42M Asset Management Agreement with Fortress for 850MW of Power Generation Assets" has 901 words across 37 sentences, which will take approximately 4 - 8 minutes for the average person to read.
Which news outlet covered this story?
The story "Duos Technologies Signs $42M Asset Management Agreement with Fortress for 850MW of Power Generation Assets" was covered 1 weeks ago by GlobeNewswire, a news publisher based in China.
How trustworthy is 'GlobeNewswire' news outlet?
GlobeNewswire is a fully independent (privately-owned) news outlet established in 1998 that covers mostly technology news.
The outlet is headquartered in China and publishes an average of 25 news stories per day.
It's most recent story was published 8 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
