Eldridge Closes $350 Million Lease Facility with ProPetro
ProPetro Holding Corp. (PUMP)
Last propetro holding corp. earnings: 3/31 04:54 pm
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US:NASDAQ Investor Relations:
ir.propetroservices.com
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Eldridge Capital Management (“Eldridge”) today announced the closing of a $350 million lease facility with ProPetro Energy Solutions, LLC d/b/a PROPWRSM (“PROPWR”), a wholly owned subsidiary of ProPetro Holding Corp. (NYSE: PUMP). The facility will provide PROPWR, the power generation solutions division of ProPetro, with access to growth capital for the acquisition of new power generation equipment for its robust and growing commercial pipeline across oilfield, industrial, and datacenter sectors.This lease facility provides PROPWR with access to additional capital to acquire high efficiency natural gas reciprocating engine generators and modular turbines to support its target of 750 megawatts delivered by 2028. Eldridge’s capital solution supports PROPWR’s ability to execute on this vision and reinforces its position as a leading provider of innovative, reliable power solutions across multiple high growth and power constrained end markets.“We are excited
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PUMP
News
- ProPetro (PUMP) had its price target raised by Barclays PLC from $11.00 to $12.00. They now have an "equal weight" rating on the stock.MarketBeat
- Eldridge Closes $350 Million Lease Facility with ProPetro [Yahoo! Finance]Yahoo! Finance
- ProPetro Holding Corp. (PUMP) Q4 2025 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- ProPetro: Q4 Earnings Snapshot [Yahoo! Finance]Yahoo! Finance
- ProPetro Reports Financial Results for the Fourth Quarter and Full Year of 2025Business Wire
PUMP
Earnings
- 2/18/26 - Beat
PUMP
Sec Filings
- 2/19/26 - Form 10-K
- 2/18/26 - Form 8-K
- 2/13/26 - Form SCHEDULE
- PUMP's page on the SEC website