Jacksonville-based New APR Energy LLC, which operates mobile gas turbine fleets that generate electricity and with a strengthening focus on data centers, is moving its headquarters within Deerwood Park South in South Jacksonville.
APR Energy, as it does business, shares leadership with Jacksonville-based Duos Technologies Group Inc. and uses space within the building Duos anchors at 7660 Centurion Parkway.
Charles “Chuck” Ferry is CEO of Duos Technologies and executive chairman and CEO of APR Energy.
Now in Suite 100 at 7660 Centurion Parkway, APR Energy is preparing to move a mile north into the entire second floor of Centurion Center I at 10375 Centurion Parkway.
The company said Jan. 12 it was not able to provide a response to questions about the move and its association with Duos Technologies.
In addition to space, APR Energy has been expanding its business capacity.
It recently doubled the size of its credit line to help meet power demand from data centers and other users.
On Jan. 15, it announced that it was expanding its mobile gas turbine fleet by acquiring eight turbines and increasing the company’s owned generation capacity from 850 megawatts to more than 1.1 gigawatts.
“The expansion reflects growing demand from data center developers and utilities seeking near-term power as grid constraints and extended interconnection timelines delay access to permanent capacity,” APR Energy stated in a news release.
APR Energy said it supplies power to customers that include one of the world’s largest AI data centers, “underscoring the scale of demand the company is seeing from hyperscale customers.”
The office space
Brad Chrischilles, a principal with real estate company Foundry Commercial, represents landlord FCA Partners LLC, the owner of Centurion Center I.
Chrischilles said Jan. 20 that APR Energy will lease the 23,500-square-foot second floor of the four-story, almost 92,700-square-foot building.
He said the lease allows APR Energy to put signs on the building.
The city is reviewing a permit for Adams Interior Contractors Inc. of Orange Park to build-out the office space at an estimated project cost of $844,524.
Connie Turner Interiors Inc. of Jacksonville is providing interior design. Codes-ABC Inc. of Orange Park is providing private plan review.
Plans show that 20,527 square feet of space is being partially demolished and built-out with new tenant work.
Duos Technologies moved into the first and second floors at 7660 Centurion Parkway, the former SuperStock building in Deerwood Park South in 2021-22. Skye Transport Logistics LLC, which shares leadership with Jacksonville-based Magellan Transport Logistics Inc., bought the building in 2022.
About APR Energy
APR Energy says its modular units can be delivered, installed and commissioned in as quickly as a month.
“For more than 20 years, APR Energy has partnered with customers worldwide to deliver fast, reliable power at scale. APR Energy can deploy large-scale power in as little as 30 to 90 days, significantly faster than the two to five years typically required to construct permanent infrastructure,” it says.
As reported Jan. 2, 2026, in the Daily Record, APR Energy is doubling the size of its credit line to help fund deployment of its mobile energy assets to support power demand.
Wingspire Capital announced Dec. 22 it increased APR’s revolving line of credit to $300 million, after announcing a $150 million credit line in June.
“Demand for fast, reliable power continues to accelerate, particularly from data center customers,” Ferry said in a news release.
“This expanded revolver from Wingspire Capital supports our ability to expand our fleet, scale quickly, and deliver power on the timelines our data center and infrastructure customers require,” he said.
APR will use proceeds for capital expenditures, maintenance, equipment refurbishment, daily operations and additional liquidity for growth, a news release said.
Now owned by Fortress
APR was a publicly traded company before a buyout by a group of private equity firms in 2016.
The company was sold again in February 2020 for $750 million to Atlas Corp., a Hong Kong-based holding company.
In January 2025, Fortress Investment Group announced funds managed by its affiliates acquired APR’s assets and established New APR Energy LLC.
APR Energy is now a portfolio company of the private equity firm, which says it has $54 billion in assets under management.
In conjunction with that deal, Fortress signed an agreement with Duos Technologies Group to assist in managing and deploying the assets.
Ferry had left APR after the 2020 acquisition and joined Duos as chief executive. He rejoined APR with the Fortress deal and is CEO of both companies.
The Daily Record reported Jan. 8, 2026, that the best 2025 stock market performance of a Jacksonville-based company came from Duos Technologies Group, which jumped 88% to $11.25 by the end of 2025 per share after doubling in price in 2024.
Duos was focused on providing railroad safety technology and was hoping a bigger emphasis on railroad safety would spark revenue gains.
Instead, the company’s stock dropped in 2023 as revenue fell short of its projections, which Duos attributed to project delays from clients.
Duos turned around in 2024 by expanding with two new business lines, one that provides artificial intelligence data centers in rural markets and a second to provide energy services.
The company reported revenue of $7.3 million in 2024, about equal to 2023. But in late 2024, it announced a two-year agreement with Jacksonville-based APR Energy to deploy energy assets that it said would produce an estimated $42 million in revenue.
Duos’ revenue tripled to $17.6 million in the first nine months of 2025.