Jereh’s U.S. subsidiary received a $1.465 billion gas-turbine generator order, with staged deliveries planned during 2027.

In July 2026, Jereh’s controlled U.S. subsidiary J&F Power Systems LLC signed a gas-turbine generator-set supply contract with an unnamed customer. The subsidiary subsequently received and accepted the first purchase order under that contract.

The first purchase order is valued at $1.465 billion. Delivery is planned in batches during 2027, distinguishing the disclosed order from equipment already delivered or recognized as revenue.

Jereh said it had received the first advance payment specified by the order and that execution was progressing normally. The company also said the order would have no effect on its 2026 operating results.

The source did not identify the customer, number or model of turbines, generating capacity, project location, order margins, collateral, termination provisions, remaining payment schedule, or whether further purchase orders may follow under the broader supply contract.