Energy Transfer LP enters natural gas supply pact with CloudBurst Data Centers

Energy Transfer LP (ET) announced that it has entered into a long-term agreement with Denver-based CloudBurst Data Centers to provide natural gas to CloudBurst’s flagship AI-focused data center development in Central Texas. The agreement calls for Energy Transfer’s Oasis Pipeline, LP to provide up to 450,000 MMBtu per day of firm natural gas supply to CloudBurst’s Next-Gen Data Center campus outside of San Marcos, Texas, subject to CloudBurst reaching a final investment decision with its customer. The natural gas supply would be sufficient to generate up to approximately 1.2 gigawatts of direct, or “behind-the-meter” electric power for a period of at least 10 years starting with Phase 1 of the data center facilities. CloudBurst expects to reach FID later this year and in such event the facility would be operational in Q3 of 2026.