Follows a request from Axiom to colocate a modular gas plant with a data center

Made on behalf of investors who purchased Fermi securities from October 1, 2025, through December 11, 2025

Would prohibit energy costs for data centers from being passed on to other customers

Has now been sent to the New Jersey Governor's desk for approval

DATA Act of 2026 proposed by Senator Tom Cotton

Argues 2.6GW Coastal Virginia offshore project is crucial to meeting region's data center demand

Also would require data centers to utilize closed-loop water systems

Could shield ratepayers from cost increases

Tied to the telco's use of hazardous materials in its backup generation systems

Expected to span more than 700,000 sq ft

Follows withdrawal of anchor tenant from proposed up to 11GW data center campus

PJM will have approximately 60 days to file the changes

Data centers that bring their own power will receive a fast track for approval

Will apply to large loads that consume more than 25MW of power

Will provide large-load facilities with lower energy rates and other incentives

Draft proposal would see the time it takes for reviews fall to 60 days

New rate would apply to facilities with a capacity of 25MW or more

Newsom said he was "reluctant to impose rigid reporting requirements"

Outlines specific eligibility criteria for power producers and operators

Project has been approved, but environmental groups want watchdog to reconsider

Joins the likes of Constellation, Oklo, and EDF

New rate will require large load users to pay for a portion of energy requests

Would apply to customers who consume more than 25MW

Reportedly received a payment of NT$2 million (US$65,500)