tiprankstipranks
Advertisement
Advertisement

Superior Plus announces data center growth at Certarus

Superior Plus (SUUIF); Certarus is accelerating its growth in the rapidly expanding market of hyperscale data centers. Driven by increasing power and energy demands for data centers and related infrastructure, Certarus continues to secure significant new customer commitments, underscoring its unique capability to meet the scale and reliability demands of this evolving sector. Reflecting this momentum, Superior Plus is making a strategic shift to prioritize further investment in its CNG business to capitalize on this growing opportunity. Certarus has recently been awarded multiple contracts, including a two-and-a-half-year agreement to support a hyperscale data center project in partnership with a global leader in power generation solutions. Under this agreement, Certarus will provide natural gas supply to support approximately 135 megawatts of prime power generation once the facility is online. The Project is currently under development and is expected to commence operations in mid-2027. Certarus will provide reliable fuel supply, with total expected revenue of more than $300M over the life of the contract. Certarus will supply natural gas for the Project using its mobile compression platform, supported by the largest fleet of high-capacity CNG transport trailers in the industry. The Project will require approximately 200 CNG transport trailers and will also utilize Certarus’ proprietary high-flow pressure reduction systems, designed to deliver consistent, reliable fuel supply for continuous prime power operations. This integrated approach enables rapid deployment of large-scale energy infrastructure without reliance on existing pipeline connectivity.

Claim 30% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1