Energy Transfer enters into long-term natural gas supply agreement with CloudBurst Data Centers, its first commercial ...
Texas-based oil and gas major Energy Transfer said the company has entered into a long-term agreement with Colorado-based ...
Pipeline operator Energy Transfer LP will provide natural gas directly to CloudBurst Data Centers, Inc. as companies prepare for an expected boom in power demand from artificial intelligence.
The data center project, proposed on a 200-acre site in south San Marcos, could be operational sometime in 2026.
The agreement follows recent deals signed by oil and gas majors in recent months to provide natural gas directly to data centers.
With rising power demands from AI and slow grid advancements, data centers are bypassing traditional utilities to secure energy directly from producers or establish their own supplies, which could ...
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Energy Transfer (ET) stock rose 2.1% on Monday after the company signed a natural gas supply agreement with Denver-based ...
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