Generac signs $8bn back up generator deal with Amazon
Initial deliveries over next two years will total $2.4bn
News - Investment / M&A / Financing, Zachary Skidmore, DatacenterDynamics
The latest news from the AI, data center, telco, chip, and cloud sector
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Rune launches solar-sited modular compute system, raises $40m Series A
Sites compute directly at solar sites
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NextEra secures $1.9bn loan from US DOE to support restart of the Duane Arnold nuclear power plant in Linn County, Iowa
Plant tied to long-term PPA with Google
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Flex acquires data center power conversion manufacturer EPC Power in $4.4bn deal
EPC is a developer of 800V data center power architectures
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SB Energy files for IPO, targeting a raise of $5-7bn
Would value the company at approximately $50bn
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Navitas Semiconductor acquires power management firm Claros for $232.8m
Claros develops tech designed to power high-speed AI chipsets
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Emerald AI raises $150m in Series A funding to scale commercial deployments
Follows the completion of its fifth demonstration project
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Infineon acquires Indian power systems firm C2i Semiconductors
Transaction expected to close this year
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Soluna acquires 397-acre plot in Briscoe County, Texas, for Project Dorothy 3 data center
Expected to have a capacity of 300MW
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InfraTech to invest $2.7bn to develop data center campus in Carson County, Texas
Further details are expected to be revealed when the deal is completed
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Nvidia in talks to invest $1.5bn in SB Energy
Would support the development of an up to 10GW data center campus in Ohio for OpenAI
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Naver invests in US offshore wave powered data center company Panthalassa
Company targeting the commercialization of its wave-powered solution in 2027
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Form Energy raises $750m to expand West Virginia iron-air battery plant to meet surging data center demand
The company has previously signed supply deals with Google and Crusoe
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Amazon acquires 8,000-acre site in Pecos, Texas, for natural gas powered behind-the-meter data center - report
If built, it could be the largest natural gas plant in US at 7.65GW
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Partners Group to invest $1bn in AVK to help scale its microgrid offering for data center market
Takes a majority stake in the firm
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Jet.AI acquires 26% stake in Alberta-based behind-the-meter data center developer StratGrid
StratGrid has two data centers currently in development in the Canadian province
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CenterPoint Energy raises investment plan by $1.2bn as data center load pipeline grows
Expects to energize up to 8GW of data center load in the Greater Houston area by 2029
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Google-backed fusion firm CFS raises $1bn in equity financing
Has now raised $4bn, the most of any fusion company
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Idaho National Laboratory, Nvidia, AWS launch Prometheus project under Genesis Mission
Seeks to expedite advanced nuclear development through AI
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Agentic grid-planning platform Piq raises $5m in seed funding
Round led by Active Impact Investments
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Elon Musk quietly acquires mobile gas generation firm APR Energy - report
Deal could be worth up to $1bn
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IDF, Oaktree to invest $1.7bn to support Bloom Energy's fuel cell deployments across Nebius data centers in US
Bloom and Nebius inked an offtake agreement in May
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Blackstone invests $5.34bn in Williams' behind-the-meter natural gas power projects for the data center sector
Projects have a combined capacity of 2.6GW
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Nvidia-backed Emerald AI seeking to raise a further $100m in funding - report
Could see the company valued at more than $1bn
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EQT acquires energy and data center developer Copia Power from Carlyle
Adds to growing list of data center investments
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European fusion company Proxima raises €411m with backing from Google
Latest fusion company to secure backing from the tech giant
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National Grid Ventures invests $1.75bn in Joulent for construction of gas plant powering 2GW Microsoft data center in Texas
Joulent is a portfolio company of Engine No. 1