Superior Announces Significant Data Center Growth at Certarus
All dollar amounts are in USD unless otherwise noted
Certarus has recently been awarded multiple contracts, including a two‑and‑a‑half‑year agreement to support a hyperscale data center project in partnership with a global leader in power generation solutions. Under this agreement, Certarus will provide natural gas supply to support approximately 135 megawatts of prime power generation once the facility is online (the “Project”). The Project is currently under development and is expected to commence operations in mid-2027. Certarus will provide reliable fuel supply, with total expected revenue of more than
“As power constraints continue to challenge large-scale developments like data centers, customers need certainty around reliable energy supply,” said
The adoption of CNG by data centers is in the early stages and represents just one of several sectors where we see opportunity. Our strategy remains focused on operating the business with discipline, maintaining our market position, and ensuring the platform is in place for Certarus to grow as the market continues to expand,” said MacDonald.
Certarus will supply natural gas for the Project using its mobile compression platform, supported by the largest fleet of high-capacity CNG transport trailers in the industry. The Project will require approximately 200 CNG transport trailers and will also utilize Certarus’ proprietary high-flow pressure reduction systems, designed to deliver consistent, reliable fuel supply for continuous prime power operations. This integrated approach enables rapid deployment of large-scale energy infrastructure without reliance on existing pipeline connectivity.
“Across North America, the data center ecosystem increasingly faces extended timelines to secure grid and pipeline connections due to rising power demand and infrastructure limitations,” said
The company will provide additional detail regarding its financial outlook with the release of Q1 financial results on
About
Superior is a North American distributor and marketer of propane, compressed natural gas (“CNG”), hydrogen and related products and services, and transports renewable natural gas (“RNG”) from production facilities to natural gas distribution networks. The company is headquartered in
About
Certarus, the CNG division of
Serving industrials, utilities, oil and gas, mining, data centers, and energy infrastructure, Certarus employs North America’s largest network of portable compression, logistics, mobile storage, and on-site gas systems to help customers maximize uptime and reduce operating costs.
Forward-Looking Information
This news release contains information or statements that are or may be “forward-looking statements” within the meaning of applicable Canadian securities laws. When used in this news release, the words “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “predict”, “forecast”, “project”, “intend”, “target”, “potential”, “continue” or the negative of these terms or terminology of a similar nature as they relate to Superior or an affiliate/subsidiary of Superior are intended to identify forward-looking statements. Forward-looking statements in this news release include, without limitation, information and statements relating to: Superior’s future financial position and the anticipated revenues and expected timing for commencement of the Project.
Forward-looking information is provided to provide information about management’s expectations and plans for the future and may not be appropriate for other purposes. Forward-looking information herein is based on various assumptions, and expectations that Superior believes are reasonable in the circumstances, including the assumptions referenced in this press release. Superior cautions that the assumptions used to prepare such forward-looking information could prove to be incorrect or inaccurate.
The forward-looking information is also subject to the risks and uncertainties set forth below. By its very nature, forward-looking information involves numerous assumptions, risks and uncertainties, both general and specific. Should one or more of these risks and uncertainties materialize or should underlying assumptions prove incorrect, as many important factors are beyond our control, Superior’s actual performance and financial results may vary materially from those estimates and expectations contemplated, expressed or implied in the forward-looking information. These risks and uncertainties include the success of and anticipated timing to complete the Project.
When relying on our forward-looking information to make decisions with respect to Superior, investors and others should carefully consider the preceding factors, other uncertainties and potential events. Superior and its management believe that such forward-looking information has been prepared based on assumptions that are reasonable in the circumstances, reflecting management’s best estimates and judgements. Any such forward-looking information is provided as of the date of this document and, except as required by law, Superior does not undertake to update or revise such information to reflect new information, subsequent or otherwise. For the reasons set forth above, investors should not place undue reliance on forward-looking information.
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