VoltaGrid today announced that it has signed agreements for a $1.0 billion strategic equity investment from funds managed by Blackstone Tactical Opportunities (“Blackstone” or “Tac Opps”) and Halliburton Company. The investment is composed of a $775 million primary capital raise and a $225 million secondary purchase from existing investors.
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Category: datacenter-news
ABB has been awarded additional large orders by VoltaGrid for data center power projects globally to support artificial intelligence (AI) growth.
VoltaGrid and INNIO have signed an agreement to supply 1.5 gigawatts (GW) of behind-the-meter power generation infrastructure, including 300 Jenbacher gas engines. The order comprises Jenbacher gas engines to support AI and high‑performance computing data centers
Halliburton and VoltaGrid today announced a significant milestone in their strategic collaboration. The companies have secured manufacturing for 400 megawatts (MW) of modular natural gas power systems for delivery in 2028 to support the development of data centers across the Eastern Hemisphere.
As the adoption of generative AI continues to drive demand for electricity to power data centers across the United States, ABB has been awarded three orders with VoltaGrid to deliver critical grid stabilization technology. The project will support reliable and stable electricity for multiple facilities VoltaGrid has under construction in the US for AI infrastructure projects.
VoltaGrid, a leading provider of distributed power and energy solutions, and Halliburton (NYSE: HAL), a global leader in energy services and technology, have signed an agreement to establish a strategic … More
VoltaGrid LLC will deploy 2,300 megawatts (MW) of cutting-edge, ultra-low-emissions infrastructure, supplied by Energy Transfer’s pipeline network, to support the energy demands of Oracle Cloud Infrastructure’s (OCI) next-generation artificial intelligence (AI) data centers.
Industry-leading partnership enables Vantage to meet growing customer demand at scale across power constrained markets in North America.
The QPac platform represents a major technological leap in power generation for data centers. Each reciprocating node within the system is capable of generating up to 20 MW of power, offering industry-leading power density per square foot of land use. Additionally, these nodes can be combined to deliver up to 200 MW of prime power under a minor source air permit, ensuring flexibility and scalability to meet diverse operational requirements.
The data center industry, a cornerstone of the digital economy, is facing a perfect storm. This impending crisis is driven by new Environmental Protection Agency (EPA) regulations on power utilities, an aging infrastructure, and the ever-increasing demand for more power fueled by the growth in computing and artificial intelligence (AI). Amidst these challenges, microgrids, particularly those powered by natural gas, emerge as the optimal solution to ensure reliability and sustainability.
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