Founded by several former AWS employees

Aims to deploy more than 5GW of power by 2039

AES is one of the biggest providers of renewable power to the US data center market

Originally planned to host a clean hydrogen project

Strikes a deal to purchase the UK's largest electrical distribution network operator

Expect to deliver 1GW of near term IT capacity

Announces $171.5m funding opportunity for next-generation geothermal systems

Increases capital spending plan by $7bn

Close to signing MoU with Korean ministries of Trade, Industry and Energy, and Environment

Financial terms were not disclosed

$4.8bn tied to projects in Virginia

Brings total proceeds to almost $68m

Brings total capital raised to more than $100 million

Will support the deployment of Heron Link transformer

Also acquired adjacent 55MW power generation facility, expected to power data center

Will use proceeds to develop plug-and-play “grid-to-GPU” system

Transaction expected to close in Q1 2026

Does deal with Blackstone Energy Transition Partners

Will include Eion's commitment to deliver 8,000 tons of carbon removal credits to Microsoft

TeraWulf affiliate purchases site for $200m

Will use proceeds to grow energy storage platform

Company designs and manufactures electrical distribution infrastructure for data center market

As part of its acquisition of OGDC

Plant set to be constructed at existing Ormat Technologies site