Features: archive
Every Features story in Infrastructure, newest first. 68 stories
1 story
- The Wrap
Google and Voltus expand PJM virtual power plant to 1,170 MW
The expansion adds 1,070 MW to the June 100 MW program, with a three-to-four-year ramp and a 2040 term.
2 stories
- The Wrap
Anthropic in talks for second 460MW lease at Nscale's West Virginia campus
The reported $45 billion contract would double Anthropic's committed capacity at Monarch to 920MW; Microsoft already holds 1.35GW there.
- The Wrap
Solar PPA prices rise 5% in Q3 as Section 232 tariffs near
LevelTen estimates the tariffs could add $3 to $7 per megawatt-hour once they take effect later this year.
2 stories
- Fundraising
Ara Partners launches Ara Energy Fund I with $2.5bn in assets
The Oct. 21 record names the fund and size but does not state a strategy, sector split or named investors.
- The Wrap
ABB US orders jump 82%; LS Power and Blackstone close funds
LS Power's $6bn fund earmarks $1.7bn for Constellation, while Blackstone's energy-transition fund closes at $8.7bn.
2 stories
- The Wrap
Microsoft-NiSource power deal makes data center customer fund its own generation
The 20-year contract, closed Oct. 19, adds roughly 1.1GW to NiSource's portfolio from 2028 and covers a northern Indiana data center.
- The Wrap
Uruguay signs $5.7bn Solaria deal for up to 500MW of solar-paired capacity
Phase one pairs a 200MW data center with a 350MW solar project and is due in 2029, according to the newsroom's data basis.
2 stories
- The Wrap
NERC stakeholders back draft reliability rules for 50MW-plus compute loads
The draft covers 50 MW-plus AI data centers and crypto miners at 100 kV or above; the next step is the NERC board, then FERC.
- The Wrap
AEP to buy up to 1.6 GW Mainspring units, plans $4B Cheyenne fuel cells
The eight-year Mainspring agreement carries a stated ceiling of up to $4 billion; the 702 MW Cheyenne project pairs Bloom Energy fuel cells with a 20-year Google PPA.
2 stories
- The Wrap
SoftBank asks PJM to study 10-GW Ohio data center complex under state agreement
The filing pairs 9.6 GW of added load with 10.2 GW of SB Energy gas-fired generation through 2032 and three new AEP Ohio 765-kV lines.
- The Wrap
Oregon pauses data center permits until July 2027; Taylor approves 1GW gas campus
The Oregon pause covers air-quality permits and municipal wastewater applications; the PowerHouse-Big Watt campus would pair a 750MW on-site plant with a 500MW first phase.
2 stories
- Fundraising
Ares and Astatine file SEC registrations for three pooled infrastructure vehicles
The vehicles list an undisclosed offering amount and $0 sold to date; SWI raised €800 million for data-center buildouts.
- The Wrap
FERC approves Duke Energy Carolinas large-load rules requiring 75% payment for 15 years
New or transferred large loads must pay a committed revenue contribution equal to 75% of the megawatt value in the load schedule for 15 years.
1 story
- The Wrap
JE Dunn-Alberici JV starts construction on Saronic's $3.2B Texas shipyard
Saronic's initial 835-acre Port Alpha site can expand to nearly 4,400 acres.
2 stories
- The Wrap
CVC's Naturgy stake sale and Greenvolt battery debt reported without key terms
Renewables Now reported CVC's sale of its entire 13.8% Naturgy stake and Greenvolt's UniCredit debt for a 400 MW Polish battery portfolio; neither report gives a price, facility size or tenor.
- The Wrap
PJM clears 2.1 GW as RWE adds EUR 3.6bn to its Amprion stake
Both PJM projects are expected online by mid-2029, after the expedited track that cleared them lapses at the end of 2027.
2 stories
- The Wrap
DOE offers Vistra a $4.2 billion conditional loan for 433 MW of nuclear uprates
The commitment is tied to Vistra's 2.6-gigawatt Meta agreement and would preserve roughly 4 gigawatts of PJM nuclear, with funding awaiting technical, legal, environmental and financial reviews.
- The Wrap
Bain projects $5tn to $6.5tn data center spending through 2030
Power availability, electrical labor and local opposition are the near-term constraints, not capital.
2 stories
- The Wrap
Virginia Lieutenant Governor Hashmi opposes NextEra-Dominion merger over data center cost risk
NextEra says Dominion Energy Virginia would remain locally led and fully regulated.
- The Wrap
Constellation signs 890-MW Google nuclear PPA as PJM backstop stalls
The Google agreement and an Amazon contract support almost 1.1 GW of expansion at existing reactors; no price was disclosed.
1 story
- The Wrap
No-price infrastructure deals spread beyond renewables to data centers and transmission
Macquarie's Zerra DC backing, Peru's first transmission bundle, and a £60 million NatWest loan all omit the figures investors normally use to price assets.
1 story
- The Wrap
TeraWulf doubles Kentucky data center power contract to 1GW as utility financing tightens
Amazon's 690MW Calvert Cliffs nuclear PPA anchors a hyperscaler for two decades, while U.S. Bank warns utilities are turning to backup bank financing as DOE loans pull back.
3 stories
- The Wrap
Data center developers turn to legacy industrial sites as permitting tightens
Blackstart Digital's agreement to buy IBM's Almaden campus, with its 25MW substation, is the month's clearest case of a developer paying for power that already exists.
- The Wrap
Three advisor teams land at Cetera, LPL and Wells Fargo FiNet
The October 5 moves pulled a $185 million team from Commonwealth, a three-advisor team from Cambridge and a seven-advisor team from UBS.
- The Wrap
Lambda and Sharon AI price GPU-backed debt 317 basis points apart
Lambda's $1bn facility is rated investment grade and priced at 6.78%; Sharon AI's $365m of SPV debt came at 9.95%.
2 stories
- The Wrap
Virginia governor bans data-center NDAs as the Senate blocks a power-cost bill
The order also expedites noise rules and orders a review of diesel generator impacts; Dominion Energy and Appalachian Power must file utilization metrics by Oct. 15.
- The Wrap
Fluor and JGC split $15bn LNG Canada phase-two EPC work
The same week's renewables deals with Meta, Amazon, NZ Clean and Ørsted disclosed no price, offtake, or both.
2 stories
- Fundraising
Brown Advisory's HIG Infrastructure II feeders report $41.3m sold in five days
Both partnerships left their offering ceilings undisclosed, so the reported sales are a floor rather than a total, and the zero-AUM launches that followed were logged on Sept. 29 and Sept. 30.
- The Wrap
SPP's Western adequacy stop-gap draws four protests, including its own monitor
WAPA, Basin Electric and Guzman Energy seek changes to the Sept. 4 filing, which would run until June 1, 2027.
1 story
- The Wrap
How 230-kW AI racks are shifting data center capital to switchgear and rate design
Vertiv's 22,000-square-meter Slovakia expansion and Michigan's outcome-linked earnings proposal show where reliability money goes while Oklo's 750 MW sits out of PJM's queue after a FERC procedural rejection.
2 stories
- The Wrap
Washington's grid money stops buying new corridors
The $1.9 billion SPARK package buys 23 gigawatts on lines that already exist, turning the data center buildout's power schedule into a question of tariff design.
- The Wrap
Development capital now writes checks on blank term sheets
Proparco, Finnfund and CIB disclosed check sizes while withholding the asset terms that would let anyone price the exposure.
2 stories
- The Wrap
The utility tariff is now the data center credit screen
Before any offtake is signed, collateral, minimum bills and exit fees are sorting the data center pipeline by balance sheet.
- The Wrap
The permit is now the power contract
California, Texas and Australia are writing water, load and grid-cost terms into local approvals, so capacity gets announced before anyone prices the project.
1 story
- Fundraising
Grid access is being optioned, not pooled
Two energy Form Ds worth $3.2 million of offering paper, one of them empty, landed in a week when three corporate contracts moved power rights with no fund in the middle.
1 story
- The Wrap
The nuclear tariff is the new power contract
Georgia Power's 96-megawatt Google subscription turns an uprate into a copyable utility product while merchant deals keep printing capacity with the price column blank.
2 stories
- The Wrap
The unpriced deal moves to the cap table
From Brookfield's $600 million green-molecule check to a Munich fund with no size, the energy transition is now transferring ownership in silence.
- The Wrap
The AI build's constraint has moved into the supply chain
Amazon's aluminum order, Hitachi's 2029 transformer plant, and PGIM's Munich permit sale all price the same scarcity: the inputs that decide when a hall energizes.
2 stories
- The Wrap
Carbon and wind deals settled with the price column blank
Unpriced corporate offtakes keep the benchmarks unset and push cost discovery onto regulators, utilities and state procurement.
- The Wrap
The SPAC's collateral is a grid queue position
Blue Acquisition Corp's 15-year CoreWeave lease on a Niagara cryptomine prices a decommissioned power plant's connection at AI rates, making the tenant's contract stack the publicly traded collateral.