TSX:SPBGas Utilities
Superior Plus Weighs Certarus Data Center Growth Against Valuation And Risks
Superior Plus (TSX:SPB) reports that its Certarus division has secured six multi-year data center contracts since September, with a total value of more than $350 million.
The company is pivoting its capital allocation, planning higher capital spending tied to this opportunity and placing less emphasis on share buybacks.
The data center wins mark a move into a new vertical for Certarus, expanding beyond its existing customer base.
For investors following Superior Plus, the Certarus business...