Talen acquires full ownership of Nautilus Cryptomine facility
Talen acquired the facility from TeraWulf in a $85m deal
Talen acquired the facility from TeraWulf in a $85m deal
Electricity demand largely driven by AI and data centers.
Aims to improve transmission infrastructure in four US states
Will be used to power California manufacturing plants
Google has signed three PPAs in India and the US to support its drive to net zero operations
Applications will be assessed on commercial interest, project feasibility, and system demand
First fundraising round was led by M&G
Will include solar project and construction of new substation