As AI data centers reach city-scale power demands, developers, utilities and contractors are rewriting the infrastructure playbook around electricity, workforce and speed-to-power challenges nationwide.
Investors and developers are bullish on clean energy to quickly meet nation's power demand surge, but federal actions that undermine projects and remain vague on tax credit rules, as well as slow connection to the grid, could hamper markets.
Florida-based NextEra said May 19 it seeks to buy Virginia-based utiiity Dominion to create "one of the world’s largest energy infrastructure companies.”
Blackstone, PIMCO back Related Digital's Oracle campus as Michigan attorney general challenges state regulators' expedited approval of DTE Energy's supply agreements
Financing is secured and construction is underway, but power contracts behind Michigan's massive Oracle data center are now before the Michigan Court of Appeals.