Liberty Energy and AltitudeX Aviation Group Collaborate on Microgrid Development in Adams County, Colorado

June 26, 2025 – Watkins, CO – AltitudeX Aviation Group, LLC (“AltitudeX”) and Liberty Energy (“Liberty”), today announced a strategic alliance for the development of a state-of-the-art microgrid in Adams County, Colorado. This collaboration could potentially support the expansion of a new aviation and aerospace-focused industrial complex at the Colorado Air & Space Port (“CASP”), establishing CASP as a Space and Logistics Center of Excellence and platform for aviation operators.

The proposed power facility would be developed by Liberty using a state-of-the-art, modular, scalable, low-emission power generation system fueled by natural gas. The project would initially deliver 45 MW of electric power, with the capacity to scale in line with future development and additional demand. The proposed facility would provide resilient, on-site power generation, ensuring reliable energy access essential to supporting continued growth and innovation at CASP.

AltitudeX and Adams County are currently operating under a pre-development agreement, executed in February 2025, to conduct critical studies, secure tenant commitments, refine a comprehensive business plan, and ultimately finalize negotiations for a master development agreement.

“We’re proud to partner with AltitudeX as they look to expand operations at the Colorado Air and Space Port. Our advanced microgrid technology can deliver the critical energy infrastructure necessary to advance aerospace innovation.  With our ability to rapidly deploy scalable power solutions, we’re ready to meet the growing demand for low-emission energy as the project expands,” said Ron Gusek, Chief Executive Officer of Liberty.

Jon Roitman, Chief Executive Officer of AltitudeX, remarked, “We’re excited to collaborate with Liberty Energy and Adams County to establish key energy infrastructure at the Colorado Air and Space Port. This partnership accelerates CASP’s potential to ensure a solid foundation for future expansion and growth.”

CASP boasts an exceptional location for aviation, aerospace, and intermodal innovation. It is strategically located in the Denver metropolitan area, with proximity to Denver International Airport and I-70, offering an expansive property of 3,400 acres, including 960 acres ready for development. Its aviation infrastructure includes two 8,000-ft runways and a new FAA tower. The alliance with Liberty will further bolster the development potential at this location, ensuring quick access to reliable power for future tenants.

 

About Liberty Energy

Liberty Energy Inc. is a leading energy services company. Liberty is one of the largest providers of completion services and technologies to onshore oil, natural gas, and enhanced geothermal energy producers in North America. Liberty also owns and operates Liberty Power Innovations LLC, providing advanced distributed power and energy storage solutions for the commercial and industrial, data center, energy, and mining industries. Liberty was founded in 2011 with a relentless focus on value creation through a culture of innovation and excellence and the development of next generation technology. Liberty is headquartered in Denver, Colorado. For more information, please visit www.libertyenergy.com and www.libertypowerinnovations.com.

 

About AltitudeX Aviation Group

AltitudeX Aviation Group, headquartered in Denver, Colorado, is a premier private firm dedicated to infrastructure and private equity investments in the aviation and aerospace sectors. Led by a team of former aviation and aerospace executives with over 150 years of collective expertise in operations, finance, and technology, AltitudeX excels at efficiently growing and managing global and complex operations. AltitudeX is committed to being the collaborative partner of choice for infrastructure development and sponsor arrangements within middle-market private equity. For more information, please visit www.altxaviation.com.

 

About Adams County

With rich traditions and history, Adams County offers the best of suburban and rural life – vibrant cities, quiet towns, and miles of recreation. Located in the Denver metro area, Adams County is the state’s fifth-largest county serving a population of more than 527,000 residents. Adams County is home to the cities of Brighton, Commerce City, Federal Heights, Northglenn, and Thornton; portions of Arvada, Aurora, and Westminster; the town of Bennett; and a portion of the town of Lochbuie. Unincorporated communities include Henderson, Strasburg, and Watkins. Stay up to date on the latest county news and information on adcogov.org, Facebook, X, Nextdoor, and Instagram.

 

Forward-Looking and Cautionary Statements

The information above includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included herein are forward-looking statements. These forward-looking statements are identified by their use of terms and phrases such as “may,” “expect,” “estimate,” “outlook,” “project,” “plan,” “position,” “believe,” “intend,” “achievable,” “forecast,” “assume,” “anticipate,” “will,” “continue,” “potential,” “likely,” “should,” “could,” and similar terms and phrases. However, the absence of these words does not mean that the statements are not forward-looking. Although we believe that the expectations reflected in these forward-looking statements are reasonable, they do involve certain assumptions, risks and uncertainties. These forward-looking statements represent our current expectations or beliefs concerning future events, and it is possible that the results described in this release will not be achieved. These forward-looking statements are subject to certain risks, uncertainties and assumptions identified above or as disclosed from time to time in Liberty’s filings with the Securities and Exchange Commission. As a result of these factors, many of which are beyond our control, actual results may differ materially from those indicated or implied by such forward-looking statements.

Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, we do not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

 

Contacts:

Media@libertyenergy.com

Garrett.Clemons@altxaviation.com

NKimbleton@adcogov.org