Data Centers Power & Cooling Capital, Financing & M&A
Mon Power, a FirstEnergy subsidiary, plans to assess a surcharge on its customers to help finance $2.7 billion in generation it is building in West Virginia, mainly for a data center.
August 27, 2026 at 4:01 PM ET
Marks Lambda’s second major debt financing this year, extending a repeatable, asset-backed model for funding committed AI infrastructure deployments
August 27, 2026 at 12:49 PM ET
The $2.2B in federal funding is intended to boost the sites’ resilience and the commercial viability of next-generation nuclear power.
August 27, 2026 at 9:02 AM ET
Overall wholesale power costs in the PJM Interconnection jumped 46% to $56.7 billion so far this year, driven by rising energy and capacity costs, per the grid operator’s market monitor.
August 26, 2026 at 3:07 PM ET
Maryland-based investment firm Hull Street Energy announced it has completed its acquisition of two Midwestern power plants that provide electricity in the PJM Interconnection.
August 26, 2026 at 12:28 PM ET
A recent flurry of state and federal action points to a marked pivot from treating data center growth as a grid-planning challenge to requiring large-load customers to show who pays for grid upgrades, what capacity supports the load, and how projects will operate during system stress. Morgan Lewis partner Arjun P. Ramadevanahalli spoke with POWER [...]
August 26, 2026 at 9:58 AM ET
Westinghouse’s eVinci microreactor has completed zero-power criticality testing at the National Criticality Experiments Research Center (NCERC), a National Nuclear Security Administration (NNSA) facility at the Nevada National Security Site (NNSS). The company said the milestone, achieved at 10:39 a.m. PT on Aug. 24 in partnership with Los Alamos National Laboratory (LANL) and Idaho National Laboratory [...]
