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ProPetro Wins Coterra Microgrid Deal & Adds 190 MW of Orders
ZACKS· 2025-12-16 00:51
Key Takeaways ProPetro won a Coterra microgrid contract in the Permian Basin, with operations slated to start in early 2026.The deal lifts PROPWR's contracted capacity above 220 MW, supported by contracts averaging about five years.PROPWR ordered 190 MW of new equipment, lifting on-order capacity to roughly 550 MW by 2027.ProPetro Holding Corp.’s (PUMP) power-generation subsidiary, PROPWR, has secured a contract from a Coterra Energy Inc. (CTRA) subsidiary to deliver turnkey distributed microgrids in New Me ...