Could power the tech firms AI ambitions

The project has secured long-term power infrastructure

Partners with Primary Digital to advance data center project

Acquired from Pine Gate Renewables

OpenAI, SoftBank commit $1 billion into the firm

Proceeds to fund a range of projects including buying equipment

Will see the company acquire ten natural gas facilities with a combined capacity of 5.5GW

Intends to repurpose into a Sovereign AI Hub

Company now owns 100 percent of the firm

Second data center in the city

Worth an estimated $6bn

Will comprise four data centers across Frankfurt, Amsterdam, and Paris

Intersect will remain a separate entity

Backers included US SMR firm Oklo

Will be used to support the commercialization efforts of its 1.2MW microreactor

Included a $150 million fundraise

Expected to close in Q1 2026

Will use the funds for first commercial project in Utah

Construction expected to start in 2027

Has now raised $254 million since inception

Will take a minority stake in the firm

Sells solar and BESS site to Prime Capital as part of deal

Power Solutions will continue to operate under its own brand

Will support the deployment of Xe-100 SMR