-- Superior Plus Corp. (SPB.TO) announced Monday that it it making a "strategic shift to prioritize further investment in its mobile compressed natural gas (CNG) solutions business through its wholly owned subsidiary, Certarus, to capitalize on this growing opportunity.
In a statement, Superior said: "Driven by increasing power and energy demands for data centers and related infrastructure, Certarus continues to secure significant new customer commitments, underscoring its unique capability to meet the scale and reliability demands of this evolving sector."
According to SPB, 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, it said, Certarus will provide natural gas supply to support approximately 135 megawatts of prime power generation once the facility is online. 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 US$300 million over the life of the contract, it added
"As power constraints continue to challenge large-scale developments like data centers, customers need certainty around reliable energy supply," said Allan MacDonald, President and Chief Executive Officer of Superior Plus.
SPB said the adoption of CNG by data centers is in the early stages and represents just one of several sectors where the company sees opportunity.
It added Certarus will supply natural gas for the project using its mobile compression platform, supported by a large fleet of high-capacity CNG transport trailers.
"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 Dale Winger, President of Certarus. "These challenges have created a growing need for rapidly deployable and scalable energy solutions."
SPB will provide additional detail regarding its financial outlook with the release of Q1 financial results on Wednesday, May 13, 2026.
Shares in SPB were down near 0.5% on the TSX last Friday.