SLB and Liberty Energy plan alliance for data center power

SLB (NYSE: SLB) and Liberty Energy Inc. (NYSE: LBRT) announced an agreement to form a strategic alliance aimed at delivering modular infrastructure and integrated power generation solutions for data center projects globally, according to a press release from the companies.

Under the planned arrangement, SLB will contribute modular infrastructure solutions, project execution capabilities and global market reach. Liberty Energy will provide modular power generation systems, behind-the-meter intelligent power controls and operational expertise.

"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.

Ron Gusek, chief executive officer of Liberty Energy, said the companies would "bring power solutions that address immediate capacity constraints while supporting the next generation of energy systems."

The two companies also plan to collaborate on hybrid power systems, digital energy management and advanced power architectures for future data center energy systems.

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 Energy plans to deploy approximately 3 gigawatts of power projects by 2029.

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