Vantage Data Centers and Liberty Energy (LBRT) announced a strategic partnership to develop and deliver utility scale, high efficiency power solutions for Vantage’s expanding portfolio in North America. Upon commissioning, these power solutions will be owned and operated by Liberty Power Innovations providing long-term power services to support cloud and AI infrastructure for the world’s largest tech companies. Under the agreement, Vantage and LPI will partner to deliver up to one gigawatt of power agreements between LPI and end-users of Vantage’s data centers within the next five years, including a reservation of 400 megawatts of 2027 power generation capacity, as well as future expansion potential beyond 1GW.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LBRT:
- Liberty Energy price target raised to $17 from $14 at Barclays
- Liberty Energy assumed with an Overweight at Morgan Stanley
- Liberty Energy upgraded to Overweight from Neutral at JPMorgan
- Liberty Oilfield Services: Buy Rating Driven by Undervalued Growth Potential in Liberty Power Innovations and Core Business Recovery
- Liberty Energy initiated with a Buy at UBS
