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Broadwind is turning from a low-margin, lumpy wind tower maker into a precision-components platform for power generation and critical infrastructure, and the Q1 revenue miss masks that pivot. The wind exit completes September 5, 2026. Industrial Solutions backlog hit a record $43.3M on gas turbine demand with 1.6x book-to-bill; Gearing orders rose 66% and backlog 107% to $30.5M. About $300M of NOLs and 1.7x net leverage give room for bolt-on acquisitions into 2027. x.comÂ
Broadwind sits downstream of a power-generation supercycle, as behind-the-meter gas turbines for data centers become the new bottleneck. The all-US precision manufacturer supplies gearing to GE Vernova, Siemens and Vestas, 55-60% of revenue. Its CEO said a $6M March follow-on order is gearing for midsize data-center gas turbines; 2025 power-generation orders rose over 70%, and management guides a supercycle through 2030. Domestic-only manufacturing is an edge in a tariff cycle. x.comÂ
Broadwind is priced at 0.6x sales, about $96M, though US heavy-gearing capacity is slow to add, as heat-treat lines and qualified machinists take years. After selling the Abilene tower plant, it is purely a power-generation gearing and fabrication business. Q2 continuing revenue rose 67% to $24.3M, backlog rose 93%, book-to-bill hit 1.5x and net debt is $5M. The risk: trailing revenue of about $140M is still falling and orders are lumpy, so backlog must convert before old wind revenue rolls off. … Show more
Broadwind looks cheap, and natural gas turbines should be a multi-year tailwind. Two concerns remain open: the 2024 dip, which calls for a closer look at the financials and the cyclicality of its exposure, and margins that are still low. x.comÂ
Solaris Energy Infrastructure is a very cheap way to play the US power build-out, now expanding to 3.1GW on booming demand from customers like xAI. Two deals add 900 MW of turbines: 400 MW via the Genco Power acquisition and about 500 MW of turbine delivery slots. The $1.55B cost, about $1.73M per MW, is well above prior purchases, but the company sees clear line of sight to deploy. Stifel estimates the added 900 MW could lift 2028 EBITDA about $300M above the $760M expected, about $15 a share. … Show more
Antero, Expand Energy and Comstock sit on a timing gap as AI-driven gas demand arrives in a concentrated burst rather than a smooth ramp. Turbines, not gas, have been scarce: orders surged in 2024-2025 with three-to-five-year lead times, so the first large batch should arrive within about a year, often at behind-the-meter sites near gas fields. Buyers avoiding turbine waits are turning to mass-producible reciprocating engines that also burn gas. Storage, drilling and pipelines have grown slowly. … Show more
GE Vernova's gas business is strengthening, just days after people were fading the stock. Per a quoted report, it expects gas capacity additions to grow about 50% by year-end, with second-half contract commitments now expected to exceed its 20GW guidance and Q4 tracking above Q3. x.comÂ
Power Solutions International's weak first half looks like a timing air pocket, not a deteriorating data center opportunity. Import data suggest it received about 20 large Weichai engines in August, multiples of its January-July total, consistent with management's view that 2H revenue will exceed 1H. At 1H margins, 2H EPS could be about $2, or $4 annualized, only 10-12x earnings. The Generac-Amazon deal validates the platform of Weichai, ~46% owner of PSIX, with US data center buyers. x.comÂ
The AI power trade is starting to separate promises from electrons, favoring GE Vernova over NuScale Power because the market wants power now, not in 2033. GE Vernova has a $176bn backlog with gas turbines effectively sold out for years. NuScale reported just $75,000 of revenue last quarter, thousands not millions, then filed to sell another $750m of stock. x.com x.comÂ
GE Vernova sits at the center of the most capital-intensive buildout in a generation because AI data centers need massive power and it builds the gas turbines that make it. Every new hyperscaler data center is effectively a new order. Its backlog is $150B and already booked, orders rose 71% last quarter, and Q1 2026 free cash flow exceeded all of 2025's. It has zero debt and $8B in cash, doubled the dividend, expanded buybacks to $10B, and targets $44-45B of revenue in 2026 and $56B in 2028. … Show more
GE Vernova is winning the power trade because it spans more of the AI data-center power chain than most peers, from gas turbines and grid equipment to power conversion and electrification. Q1 orders rose 71% organically to $18.3B, backlog reached $163B, gas backlog plus slot reservations hit 100 GW, and electrification booked $2.4B of data-center orders, more than all last year. The test now is converting backlog, expanding capacity and protecting margins to justify the rerating. x.comÂ
Forgent Power Solutions is one of the few US makers able to supply data centers with fully custom high-voltage power distribution systems, which AI's growing power needs require. Q3 revenue rose 103% to $379M versus $292M expected, record orders of $867M rose 308%, backlog grew 157% to $1.98B with a 2.3x book-to-bill, and guidance was raised. Short lead times and deep customization are hard to copy. The stock broke out of a three-month base; pullbacks to $44 or the $40 EMA20 are good entries. … Show more
