Originally posted on Data Center POST
Duos Technologies Group, Inc. (Nasdaq: DUOT), through its subsidiary Duos Energy Corporation, announces that it has signed an Asset Management Agreement (AMA) with Fortress Investment Group (FIG) to acquire and manage power assets previously owned by APR Energy. This collaboration aims to bolster Duos Energy’s mission of providing reliable and flexible power solutions to support Edge Data Centers (EDCs) and other key infrastructure across the United States and internationally.
Rapid-Deployment Power Solutions
Under the two-year AMA, Duos will manage, deploy, and operate a fleet of mobile gas turbines capable of producing an impressive 850 megawatts (MW) of power. This initiative is pivotal during an era marked by increasing energy demands driven by factors including:
- Advancements in artificial intelligence (AI)
- Edge computing
- The ongoing rollout of 5G technology
The management team at Duos brings extensive experience from their previous roles at APR Energy, where they successfully installed and operated more than 1 gigawatt (GW) of fast-track power globally between 2016 and 2020.
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