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$27.84
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Dam Spp - NORTH
$28.10
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Dam Spp - PAN
$27.81
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Dam Spp - SOUTH
$25.53
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Dam Spp - WEST
$29.28
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6,959.44
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POWER Magazineabout 7 hours ago

EQT, GIP Move to Take AES Private in $33B Bet on Data-Center Power Demand

  • AES Corp., a significant renewables supplier to data centers, is being acquired by a private equity consortium (EQT, GIP) for $33.4 billion, shifting it to private ownership.
  • This acquisition represents a major private equity bet on the surging demand for power from data centers and overall load growth in the sector.
  • The deal underscores the escalating capital requirements within the power industry to meet growing demand, particularly from large loads like data centers.
datacenterfinancingm&a
Energy Storage Newsabout 8 hours ago

Europe and the US: Comparing and contrasting two maturing energy storage markets

  • US market, driven by IRA incentives and evolving FERC policies, shows strong growth in utility-scale storage, particularly co-located with renewables, with a focus on capacity and ancillary services.
  • European market growth is more fragmented, influenced by diverse national policies and market designs, with a stronger emphasis on grid services, arbitrage, and behind-the-meter applications.
  • Key challenges in both regions include interconnection queue bottlenecks, supply chain stability for critical components, and the need for clearer long-term revenue certainty for storage projects.
caisocapacity-marketdatacenter
Energy Storage Newsabout 9 hours ago

Australia’s NSW to unleash AU$34.4 billion energy investment blitz through fast-track authority

  • The NSW government is launching an AU$34.4 billion energy investment program, endorsing 16 projects through a new Investment Delivery Authority.
  • A newly established 'Investment Delivery Authority' and 'fast-track authority' indicate significant policy and regulatory changes aimed at accelerating energy infrastructure development, reducing project timelines for developers.
  • This massive capital injection signals substantial market growth and opportunities for Independent Power Producers (IPPs) and energy developers in NSW.
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