GIP, EQT strike $10.7bn deal to acquire US power producer AES
AES is one of the biggest providers of renewable power to the US data center market
AES is one of the biggest providers of renewable power to the US data center market
Aims to align AI data center growth with US energy and security priorities
Compute goes offshore
Originally planned to host a clean hydrogen project
First 500MW project to launch in 2026
With the potential to scale to 1GW
Would establish a 50MW threshold for behind-the-meter facilities
Expected to be delivered through 2028
Strikes a deal to purchase the UK's largest electrical distribution network operator
Expect to deliver 1GW of near term IT capacity
Project expected to be energized by the end of the year
Announces $171.5m funding opportunity for next-generation geothermal systems
Companies claim that the test maintained AI workloads and service-level agreements while using up to 75 percent less electricity
Will utilize ON's medium voltage UPS for AI
Said measures required to protect consumers from footing larger bills
Financial terms were not disclosed
Set to be powered by onsite 'clean energy' developed by AES
Would apply to data centers with a capacity exceeding 100MW
Partners with Xcel Energy on the project in Pine Island
Has more than 48GW of contracted data center capacity, up three percent from September
10GW of which is expected to be signed under ESAs by the end of Q1
Will complete study at Applied Digital data center in Harwood, North Dakota
Facing opposition from the local council and community groups
Would apply to data centers with a capacity exceeding 5MW