Intensity shares surge 11.39% after-hours after advancing 36-inch North Dakota pipeline project with Rainbow Energy.

Intensity Infrastructure Partners surged 11.39% in after-hours trading following the announcement of advancing Phase I of its 36-inch natural gas pipeline in North Dakota with Rainbow Energy Center. The project, supported by firm transportation commitments and designed for 1.1 million Dth/d capacity, reflects growing confidence in the region’s power and industrial demand outlook. Key details include integration with Bakken production, existing infrastructure like Coal Creek Station, and a phased approach enabling scalability without greenfield costs. Executives emphasized the pipeline’s role in supporting data center growth, grid reliability, and future load expansion, aligning with North Dakota’s energy needs. The move underscores Intensity’s strategic positioning in midstream infrastructure and partnerships, bolstering investor optimism about long-term operational and market adaptability.