EthosEnergy Group has sold its Operations & Maintenance business to Brown & Root Industrial Services, advancing a strategy centered on gas turbine services and rotating equipment expertise.
The transaction moves a substantial operating platform while giving EthosEnergy greater freedom to direct capital toward its strongest aftermarket capabilities.
The divested business is among the power industry's leading independent operations and maintenance providers.
Its experience spans more than 200 facilities representing over 50 gigawatts of generating capacity worldwide, giving Brown & Root immediate scale across a critical segment of the power market.
Chief Executive Officer Ana Amicarella views the sale as disciplined portfolio refinement rather than a withdrawal from power generation.
"Simplify, focus, execute. It's the key to success in our business," Amicarella said in an interview with Turbomachinery International. "This focus creates clarity. It allows for faster decisions. We have been allowed to very narrowly focus our investment in our core capabilities, which ultimately benefits not only us but our customers as well."
The transaction is EthosEnergy's second major divestiture since One Equity Partners acquired the company in 2024.
It follows the December 2025 sale of the aerospace and defense maintenance, repair, and overhaul business, leaving industrial gas turbines and rotating equipment at the center of the company.
EthosEnergy intends to preserve its customer relationships even though the operations business now sits under different ownership. "We continue to be able to supply these services to everyone, including our plants that operate with competitors," Amicarella said.
"It's a mutual beneficial partnership. They focus on what they're good at, and we focus on what we're good at."
For operators, the message is that technical support, field service, and equipment expertise will continue without disruption. "Our commitment to safety, quality, and customer success remains unchanged," she said. "What they can count on is even a greater focus on what we're good at and our capability in the rotating equipment services."
Remote operations, plant diagnostics, and reliability engineering transferred with the sold business, but EthosEnergy expects to retain access through its commercial relationship with Brown & Root.
"We will continue to work with our former O&M business [via] Brown and Root Industrial Services. We will utilize their plant health and diagnostic service ... and their remote monitoring capabilities to ensure our customers are fully supported."
That arrangement is designed to combine EthosEnergy's rotating equipment products and field services with Brown & Root's broader operating platform.
Customers should therefore retain access to equipment service specialists while also benefiting from plant health information, remote monitoring resources, and operational support.
Iain O'Brien, formerly president of EthosEnergy O&M, will lead the organization into Brown & Root.
"Brown & Root is an outstanding strategic home for the O&M business and will provide the resources, complementary capabilities, and industrial scale needed to support our continued growth in the exciting power generation sector and beyond," O'Brien said.
Brown & Root described the acquisition as a strong fit with its growth plans in North America and selected international markets.
The acquired team contributes decades of operating knowledge, deep power generation expertise, established customer relationships, and a substantial independent service footprint.
The sale arrives as demand for EthosEnergy's remaining services is exceeding expectations.
"We have record performance quarter after quarter, and the market is just booming," Amicarella said. "Despite this divestiture, we're even bigger than we've ever been as it relates to growth and profitability."
Several powerful market forces are supporting that performance, including data center electricity demand, an aging United States turbine fleet, and utility efforts to extend existing asset life.
Long delivery schedules for new generating equipment are also pushing operators to maintain and upgrade installed machines rather than wait for replacement capacity.
"The need for our services is just going to explode," Amicarella said. Growth opportunities extend beyond the United States into the Middle East, Asia, and Europe, while EthosEnergy is also investing in its Houston repair operation and adding nine FA class turbine technologies to its service portfolio.
Amicarella remains cautious about making precise forecasts in such a fast moving market. "If you're good at predicting the future five years away, tell me how to do it," she remarked.
Still, the strategic direction is clear, since a growing installed base of gas turbines will require maintenance, repairs, upgrades, and technical support for many years.
