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Latest reporting and analysis tagged with energy infrastructure.
GE Vernova CEO Scott Strazik has held multiple meetings with OpenAI's Sam Altman to discuss infrastructure deals for AI's power needs. The company reported $900M in hyperscaler orders for 2025's first three quarters, but its stock dipped after Q3 results.
BlackRock's survey shows investors are diversifying AI investments, with over half favoring energy providers. Goldman Sachs warns of potential U.S. power shortages by 2030 due to surging data center demand.
Barclays lowered its price target for Energy Transfer LP to $22 but maintained an Overweight rating. The update followed the company's announcement of its 2026 capital investment and earnings outlook.
Elevate Renewables has acquired the 150-MW/600-MWh Prospect Power battery storage project in Virginia, set to begin operations this summer to support grid reliability and meet rising data center power demand.
Golar LNG's stock rose to $38.59 on Jan 12 after a rebound from election pressures, with Goldman Sachs and Citi issuing buy ratings. The company secured a 20-year FLNG charter in Argentina on Oct 23, reducing political risk.
EPRI experts warn of severe gas turbine supply bottlenecks, with rotors and blades causing years-long delays. Utilities are extending existing assets and exploring alternatives as demand surges from data centers and electrification.
BlackRock's survey reveals investors are moving AI investments from big tech to energy and infrastructure providers, with only 7% seeing AI as a bubble.
Caterpillar's order backlog increased by nearly $10 billion this year, driven by demand for generators from data center operators. The company's energy and transportation segment is now its primary revenue driver.