From Investing.com: 2025-02-13 11:14:00

The digital world’s growth spurs demand for energy in data centers, prompting Energy Transfer’s move into the digital infrastructure market. Strong financial results in Q4 FY2024 show record-setting EBITDA and DCF, with a commitment to increase cash distribution. Energy Transfer’s 2025 guidance projects continued strength with substantial capital expenditure. Recent agreement with CloudBurst Data Centers marks Energy Transfer’s entry into supplying natural gas for data center power. This diversification aligns with Energy Transfer’s broader strategy focused on growth and expansion in the energy sector, positioning the partnership for a promising future in powering the cloud with natural gas.



Read more at Investing.com: Energy Transfer Fuels the Cloud: A Natural Gas Power Play