Bechtel, Kiewit tapped for Japan-backed $33B Ohio power generation project
Bechtel and Kiewit have been selected as EPC contractors for a $33 billion power generation and AI infrastructure project in Southern Ohio, backed by Japanese…
Categories: Energy Geopolitics
UK-based Nscale Acquires 8GW West Virginia Data Center
UK-based Nscale is acquiring American Intelligence & Power Corporation, including the 2,250 acre Monarch Compute Campus in West Virginia. The site has 8 GW total…
Germany’s RWE Investing $19.6B in U.S. Energy
German energy giant RWE is investing $19.6 billion in the United States over the next 6 years (about half of its almost $40 billion global…
SoftBank to Operate $33 billion, 9.2 GW Gas-fired Plant; Largest in U.S. History
SoftBank’s subsidiary SB Energy will operate a new $33 billion, 9.2 gigawatt natural gas-fired power plant near in Ohio, the largest such facility in U.S.…
SoftBank Acquires DigitalBridge for $4B
In a $4 billion deal, SoftBank is acquiring DigitalBridge. Softbank is looking to expand its involvement in AI, and this deal gives them plenty more…
Transwestern Invests in FrontierGen
Real estate firm Transwestern has just invested in Houston-based FrontierGen, which develops infrastructure-heavy campuses in South Texas. Together, the pair plan to ramp up construction…
Aramco CEO Says Saudi Arabia Will Be Next AI Hub
Is Saudi Arabia set up to become one of the world’s AI leaders? According to Aramco CEO Amin Nasser, Saudi Arabia’s cheap and available energy…
South Korea’s Doosan to Send Gas Turbines to the U.S.
South Korean company Doosan Enerbility will provide two 380 MW gas turbines to an undisclosed major U.S. tech company. This is a big step for…
U.S. Utilities Commit to 160 GW of Large Loads
U.S. utilities have committed to 160 GW of large loads, according to recent analysis from Wood Mackenzie. That’s about 22% of 2024’s peak load. PJM…
Japan’s JERA Acquires $1.5B American Natural Gas Assets
JERA, the leading power generator in Japan, will acquire $1.5 billion worth of American natural gas assets. This is JERA’s first leap into the shale…
GE Vernova Invests $41M in Schenectady Gas Manufacturing Facility
GE Vernova has announced a $41 million investment in its Schenectady facility to build out more gas capacity. Funding will funnel into the company’s Center…
Electricity Prices a Challenge as Loads Shift to Industry
The U.S. is seeing a shift in electricity consumption, less dominated by residential loads and more so by industrial customers (data centers, AI, manufacturing, etc.).…
