Energy
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NextEra Raises $1.3B in Debt as AI Data Center Power Demand Accelerates
NextEra Energy has raised $1.3 billion in new debt this week, adding to the utility giant’s capital stack as it steps up investment to meet surging power demand...
Terawulf Adds 1.5 GW to AI Power Portfolio With Kentucky, Maryland Site Acquisitions
Terawulf has agreed to acquire two brownfield energy and infrastructure sites, adding 1.5 gigawatts of potential capacity as the bitcoin miner deepens its expan...
Pennsylvania Approves 15 On-Site Gas Generators Backing AI Data Center in Clearfield
Pennsylvania regulators have approved plans for a gas-fired power installation designed to supply electricity to an AI data center in Clearfield County. Accordi...
Texas Approves 7.65 GW Air Permit for Pacifico Energy’s AI Power Campus
Power infrastructure developer Pacifico Energy has cleared a regulatory hurdle for its planned GW Ranch development in West Texas that covers up to 7.65 gigawat...
British Columbia Opens 400MW Power Competition for AI Data Center Projects
British Columbia will require most new AI and data center projects to compete for access to clean electricity, as the province moves to manage a surge in power ...
OpenAI Joins Microsoft in Pledging Data Centers Will Not Shift Energy Costs to Residents
OpenAI said it will fully cover the energy costs associated with its rapidly expanding AI data center footprint as concerns mount over the impact of large-scale...
Microsoft Vows to Pay Higher Power Rates to Shield Locals From AI Data Center Costs
Microsoft vows to pay electricity rates high enough to ensure that local residents do not see higher power bills as a result of large-scale AI infrastructure gr...