To spin off 2.2GW non-Nordic AI data center portfolio into a new listed firm

Michael Terrell leaves Google after 19 years

Expected to classify data centers with a capacity of more than 100MW hyperscale facilities

Expected to unlock 23GW of additional capacity on the grid

Earmarked for investments across the United Arab Emirates, Saudi Arabia, Qatar, and Kuwait

Alongside several other provisions to prevent cost shifting and excessive water use

Microsoft veteran Jim Collins joins the team

Seeks to shield ratepayers from bearing the cost associated with data center buildout

ERCOT claims the audit will be completed by December

Slated for completion by 2030

Ray Fakhoury III joins from AWS

Proposal is now subject to a two-month scrutiny period

Will deliver electrical cabling to the data center

Initial deliveries over next two years will total $2.4bn

Seeks to utilize wasted energy generated by solar plants

Has yet to commence operations

Position is an individual contributor lead role and will initially have no direct reports

Dubbed AVK Capital

Plant tied to long-term PPA with Google

Northampton Capital partners with Provident Data Centers on project

Audit ordered by governor last month

Facilities would have to temporarily power down during periods of high demand

Due to growing concerns over power consumption and local community impacts

EPC is a developer of 800V data center power architectures