Lumen Technologies has announced the sale of its entire Latin American business to Stonepeak Infrastructure Partners. The sale is said to be worth $2.7 billion. Australia’s largest pension fund, AustralianSuper, is also investing funds in the deal with Stonepeak. The current leadership team of...
Impressively the Houston data centers weathered Hurricane Harvey and the flooding without a major outage.
Texas Power Grid
The Texas Interconnect, managed by the Electric Reliability Council of Texas (ERCOT), provides Houston and the majority of the state of Texas with a reliable energy source that is independent of the Eastern and Western Interconnects. The Texas Interconnect is not affected by any other state’s power decisions.