National Grid Ventures Invests $1.75bn in Gas Plant for Microsoft Texas Data Center
July 04, 2026 Microsoft Azure
National Grid Ventures (NGV), the commercial arm of National Grid, has acquired a 35% stake in Joulent for $1.75 billion to support development of power infrastructure for large data centers. The investment will help fund Project Kilby, a 2.67GW natural gas facility being developed with Chevron....
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