ProPetro PROPWR contracts ~230 MW power capacity to Targa, total 510 MW

ProPetro Holding Corp.

PROPWR enters contracts to commit ~230 MW of power generation capacity to a Targa Resources subsidiary.
Total committed capacity now ~510 MW; includes redeployment from prior oil and gas contracts.
Long-term behind-the-meter power to support Targa's Permian Basin gas processing, full deployment early 2028.
Recontracting frees capacity for potential data center deployments in 2027 and beyond.
CEO cites Targa as investment-grade counterparty; sees start of durable partnership.

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