Power Solutions International Strengthens Longstanding HD Construction Equipment Partnership with Multi-Year Engine Supply Commitment

(NASDAQ:PSIX) Power Solutions International, Inc. announced an amendment to its long-standing supply agreement with HD Construction Equipment Co., Ltd. (HCE), an affiliate of HD Hyundai. The amendment establishes multi-year engine supply commitments between PSI and HCE. This expanded supply commitment is intended to reinforce the companies’ established relationship and support PSI’s continued growth in the power generation market. The agreement is described as a step in the execution of PSI’s Power Boost 2030 vision and strategy. The expanded commitment is expected to strengthen PSI’s supply chain, provide greater visibility into future production requirements, and support increasing customer demand for reliable natural gas power solutions. PSI integrates the engine long blocks supplied by HCE into its power systems for stationary power generation, supporting growth in data centers and other critical infrastructure. The agreement provides PSI with price certainty and an agreed delivery schedule as it scales its integrated power systems and custom-engineered enclosures for mission-critical applications. PSI’s supply relationship with HCE and its predecessors dates back to 2007. The agreement includes a provision that allows for a price increase in 2029 if PSI’s purchases fall below 90% of the scheduled volume. The company notes that securing long-lead engine capacity is essential to meeting accelerating demand for reliable power infrastructure. The company also highlights the importance of its supply relationship with HCE in supporting its growth strategy.