ProPetro PROPWR signs power contracts committing 230 MW to Targa Resources

Bitget2026/09/22 11:00

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ProPetro’s PROPWR unit signed long-term contracts with a Targa Resources subsidiary to commit about 230 MW of behind-the-meter power.
Total PROPWR capacity committed under contract rose to about 510 MW, reflecting recontracted oil and gas power capacity previously no longer committed.
Redeployment to Targa frees additional megawatts for potential data center deployments in 2027 and beyond.
Full deployment to support Targa’s Permian Basin natural gas processing infrastructure is expected in early 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ProPetro Holding Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260922399398) on September 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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ProPetro PROPWR signs power contracts committing 230 MW to Targa Resources

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