EX-99.2 4 d316480dex992.htm EX-99.2

Exhibit 99.2

EXECUTION VERSION

CONSENT OF WELLS FARGO SECURITIES, LLC

Exterran Corporation

11000 Equity Drive

Houston, TX 77041

Attention: Board of Directors

RE: | Proxy Statement / Prospectus the (“Proxy Statement/Prospectus”) of Exterran Corporation (“Exterran”) and Enerflex Ltd., which forms part of Amendment No. 4 to the Registration Statement on Form F-4 of Enerflex Ltd. (the “Registration Statement”)

Members of the Board of Directors:

We hereby consent to the inclusion of our opinion letter, dated January 23, 2022, to the Exterran Board of Directors as Annex B to the Proxy Statement/Prospectus included in the Registration Statement filed with the Securities and Exchange Commission as of the date hereof and the references to our firm and our opinion in such Proxy Statement/Prospectus under the headings “Summary—Opinion of the Financial Advisor to Exterran—Opinion of Wells Fargo Securities, LLC,” “The Exterran Merger Proposal—Background of the Merger,” “The Exterran Merger Proposal—Recommendation of the Exterran Board; Exterran’s Reasons for the Transaction,” “The Exterran Merger Proposal—Opinion of the Financial Advisor to Exterran” and “The Exterran Merger Proposal—Certain Unaudited Prospective Financial Information.”

The foregoing consent applies only to the Registration Statement being filed with the Securities and Exchange Commission as of the date hereof and not to any other amendments or supplements thereto, and our opinion is not to be used, circulated, quoted or otherwise referred to for any other purpose, nor is it to be filed with, included in or referred to in whole or in part in any other registration statement (including any subsequent amendments to the above-mentioned Registration Statement), proxy statement or any other document, except in accordance with our prior written consent.

In giving our consent, we do not admit that we come within the category of persons whose consent is required under Section 7 of the Securities Act of 1933, as amended, or the rules and regulations of the Securities and Exchange Commission thereunder, nor do we admit that we are experts with respect to any part of such Registration Statement within the meaning of the term “experts” as used in the Securities Act of 1933, as amended, or the rules and regulations of the Securities and Exchange Commission thereunder.

Dated: August 26, 2022
/s/ Wells Fargo Securities, LLC
WELLS FARGO SECURITIES, LLC