Who to call at Net Power, and when
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Contract Type
construction_agreement
HoustonEnergyOil And GasRenewable EnergyDescription
NET Power Inc.'s subsidiary, Net Power, LLC, has acquired the position of Owner under the Engineering, Procurement and Construction Agreement with Saulsbury Industries. An Extension Agreement has been reached, deferring the deadline for the delivery of the notice to proceed and associated payments to March 31, 2027. If the required actions are not taken by November 15, 2026, a $3.5 million termination payment will be due. This agreement facilitates continued negotiations on amendment terms.
Quick answer
NET Power Inc. Extends EPC Agreement Timeline with Saulsbury Industries (October 16, 2026). Net Power is based in Houston, Texas, United States.
- What agreement did Net Power announce on October 16, 2026?
- NET Power Inc.'s subsidiary, Net Power, LLC, has acquired the position of Owner under the Engineering, Procurement and Construction Agreement with Saulsbury Industries. An Extension Agreement has been reached, deferring the deadline for the delivery of the notice to proceed and associated payments to March 31, 2027.
- What does Net Power do?
- Net Power is an energy technology and project development company focused on delivering low-carbon gas power solutions.
- Where is Net Power based?
- Net Power is based in Houston, Texas, United States.
- Which similar companies announced agreements around the same time?
- Adani Global Limited (October 19, 2026), Entergy Arkansas (October 19, 2026), Qatar Energy TotalEnergies (October 19, 2026) and American Electric Power (October 20, 2026) also announced agreements within 45 days of Net Power.
Source: Fundz verified event record.
Other recent agreements in Energy and Oil And Gas
Contracts and agreements at companies in the same sectors within 45 days, from Fundz verified event records.
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- TotalEnergies Qatar Partners with Qatar Tennis Federation as Official Sponsor for FIP World Cup 2026. (October 19, 2026)
- American Electric Power Partners with X-energy and Amazon for Advanced Nuclear Project in Indiana. (October 20, 2026)
- SSE Signs Contract with Seaway7 for Berwick Bank B Foundations and Cables Creation. (October 20, 2026)
- Polaris Renewable Energy Awards Supply Contract to Trina Storage for Punta Lima Battery Storage Project. (October 20, 2026)
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