EQT to buy Range Resources for $12.8B as data center gas demand surges
Fortune Term Sheet· Jordan Blum·· 2 hours agoTop DealsAI Score58
EQT to buy Range Resources for $12.8B as data center gas demand surges
EQT becomes the nation’s leading natural gas ‘juggernaut’ with a $13B deal as data center, export demand surges
AI Overview
EQT agreed to acquire Range Resources in a $12.8 billion all-stock deal.
Why it matters
The deal shows how AI data center power demand is now shaping multibillion-dollar energy consolidation, with analysts flagging both the growth case and the risks if AI buildout slows.