ProPetro Secures 10-Year Contract for 80 Megawatts of Power with PROPWR Division

Reuters

2025/05/20

ProPetro Secures 10-Year Contract for 80 Megawatts of Power with PROPWR Division

ProPetro Holding Corp. has announced a significant 10-year contract through its PROPWR division, committing to 80 megawatts of power generation capacity. This inaugural agreement marks a major milestone for PROPWR, as it aligns with the company's mission to "Rethink The Grid." The project, executed in collaboration with a Permian-focused E&P operator, involves the delivery of turnkey power through a distributed microgrid installation using in-field gas, with asset deployment beginning in the third quarter of this year and continuing through 2026. The agreement highlights PROPWR's commitment to providing reliable, lower-cost, and lower-emission power, enhancing both ProPetro's and its customers' operational efficiency. The company is also negotiating additional contracts and expects to announce more developments soon.

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: 20250520441521) on May 20, 2025, and is solely responsible for the information contained therein.

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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. 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