Investing.com -- Liberty Energy Inc. shares traded approximately 3% higher in pre-market activity on Tuesday following the announcement of a strategic partnership with SLB to provide data center infrastructure and power generation solutions. SLB shares rose 0.8%.

The alliance will combine the companies’ capabilities to deliver modular infrastructure and integrated power generation for new data center projects worldwide. SLB will supply modular infrastructure solutions, project execution capabilities and global market reach, while Liberty will provide modular power generation systems, behind-the-meter intelligent power controls and operational expertise.

The partnership aims to support rapid deployment of new data center capacity as AI companies face increasingly complex energy requirements. Many developers are seeking behind-the-meter power solutions that can be deployed without relying on traditional grid connections.

"The bottleneck in AI infrastructure is no longer just compute. It is the ability to deliver infrastructure and power on the timelines the market now demands," said Gavin Rennick, president of SLB’s New Energy and Industrial business. "By bringing together complementary infrastructure and power capabilities, we will help developers accelerate deployment of new data center capacity."

"The scale and complexity of AI energy infrastructure is fundamentally changing how power systems are built and deployed," said Ron Gusek, chief executive officer of Liberty Energy. "Liberty’s comprehensive power service platform is engineered to meet this transition, as customers increasingly prioritize tailored, integrated solutions."

Since April 2024, SLB has shipped more than 1.3 gigawatts of prefabricated modular infrastructure for data center projects and expects cumulative deliveries to exceed 2 gigawatts globally by year-end. Liberty plans to deploy approximately 3 gigawatts of power projects by 2029.

The companies also plan to collaborate on technologies for hybrid power systems, digital energy management and advanced power architectures.