Business
PROPWR Secures Distributed Microgrid Contract With Coterra Energy and Adds 190 Megawatts in New Orders
MIDLAND, Texas, December 12, 2025--PROPWR Secures Distributed Microgrid Contract With Coterra Energy and Adds 190 Megawatts in New Orders
About this update from Propetro Holding Corp.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1024,"height":512,"url":"https://media.zenfs.com/en/business-wire.com/5eb428c5a224a67045327a8996c3e687"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/OOhEOSIGJ2ir1GLIBmWJ.w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ4MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/5eb428c5a224a67045327a8996c3e687","width":960,"height":480},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/6KJwzb7yXbtIcpjLjxoXVA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIwNDg7aD0xMDI0O2NmPXdlYnA-/https://media.zenfs.com/en/business-wire.com/5eb428c5a224a67045327a8996c3e687","width":1024,"height":512}},"lazy":false},{"type":"text","content":"MIDLAND, Texas, December 12, 2025--(BUSINESS WIRE)--ProPetro Holding Corp. ("ProPetro" or the "Company") (NYSE: PUMP) is pleased to announce that its PROPWR℠ division has executed a contract to provide turnkey power for the development and installation of distributed microgrids throughout the New Mexico portion of the Permian Basin with a subsidiary of Coterra Energy Inc. Deployment and operations for the project are scheduled to begin in the first quarter of 2026, further highlighting PROPWR’s speed-to-market and execution capabilities.","length":563,"tagName":"p"},{"type":"text","content":""This agreement is a major step forward for PROPWR’s vision of delivering reliable, innovative power solutions to Permian operators," said Travis Simmering, President of PROPWR. "By integrating PROPWR’s technical expertise and flexible assets with the operational excellence and forward-thinking approach of Coterra Energy, we’re able to offer a highly responsive, scalable energy platform tailored to the unique demands of oilfield microgrid installations. We’re excited to partner with Coterra Energy to help drive the next generation of distributed power in the Permian Basin, and we look forward to expanding our collaboration over time."","length":662,"tagName":"p"},{"type":"text","content":"With this contract, PROPWR now has over 220 megawatts committed under contract, with a weighted average contract tenor at commencement of approximately five years across its portfolio. This agreement further underscores PROPWR’s ability to support leading Permian operators and maintain a ...