As reported to the FAA. Reports are unverified, and codes are left as the FAA publishes them.
What was found
(CAN) AS PILOT APPLIED TAKEOFF POWER THERE WAS A CHANGE IN NOISE PITCH & THEN A DROP IN POWER WAS NOTICED. AFTER POWER REDUCED & TAKEOFF ABORTED E.G.T. WAS PEGGED. ENGINE SHUTDOWN & E.G.T. STARTED DROPPING. ENGINE HAD JUST BEEN INSTALLED & GROUND TESTED OK. CAUSE OF FAILURE UKN. TC: FOLLOW-UP / TEARDOWN REPORT EXPECTED FROM OPERATOR.