Dafinchi AI

Alliant Energy Corporation

LNT

Energy & Utilities

1w

QTS Data Center Investment and Growth Strategy

Alliant Energy announced a $10 billion investment in Cedar Rapids, the largest in Iowa history, involving a partnership with QTS Centers, a Blackstone portfolio company.
The Cedar Rapids project is a multi-phase data center development expected to reach 1,600 MW by 2028, with initial load of about 200 MW in 2026 and scaling up to full capacity by 2028.
QTS is also pursuing a multiphase data center project in Madison, with active negotiations and community engagement, indicating a strategic focus on data center growth as a key driver of future load.
The company emphasizes transparency and high confidence in mature projects, with a focus on converting advanced discussions into concrete growth, and plans to update CapEx plans in Q3.
QTS's projects are expected to significantly contribute to Alliant's load growth, requiring new generation resources, primarily gas turbines, to support the increased demand.

CMS Energy Corporation

CMS

Energy & Utilities

2w

Announcement of 1 Gigawatt Data Center Load Agreement in Michigan

CMS Energy has reached an agreement with a new data center expected to add up to 1 gigawatt of load.
This load is incremental to the existing 9-gigawatt pipeline and is expected to ramp up in 2029 or 2030.
The agreement signifies progress in the company's growth strategy and enhances future capacity planning.

WEC Energy Group, Inc.

WEC

Energy & Utilities

2w

Progress and Uncertainty in Vantage Data Center Demand Forecast

Vantage's long-term demand potential is 3.5 gigawatts, with an active short-term target of 1.3 gigawatts by 2027.
The company is working on purchase agreements and plans to include this demand in their 5-year capital plan.
Further updates on the demand forecast and project development are expected in the third quarter.

Ormat Technologies, Inc.

ORA

Energy & Utilities

1w

Long-term Capacity Targets and Market Demand Outlook

Ormat maintains its 2028 capacity target of 2.6 to 2.8 GW, supported by exploration and project development.
Strong demand for renewable energy, especially for data centers and AI, underpins growth projections.
The company expects to add 148 MW from geothermal and solar projects by 2026.
Multiple projects are under development, with 385 MW of energy storage capacity planned.
Market demand and policy tailwinds reinforce confidence in achieving long-term growth objectives.

SR

Energy & Utilities

2w

Strategic Acquisition of Piedmont Natural Gas Tennessee Business

Announced acquisition of Piedmont Natural Gas Tennessee from Duke Energy, adding $900 million to 5-year capital plan.
Transaction aims to increase scale, diversify portfolio, and expand into a high-growth, regulated jurisdiction.
Expected to close in Q1 2026, with regulatory approval sought within 45 days of announcement.
Funding strategy includes a bridge facility, potential sale of nonutility assets, and a balanced mix of debt, equity, and hybrid securities.
Integration expected to leverage existing shared services platform, with a focus on efficiency and long-term EPS growth of 5-7%.

Select Energy Services, Inc.

WTTR

Energy & Utilities

1w

Strategic Growth in Water Infrastructure with Long-term Contracts

Signed several new long-term agreements for large gathering, recycling, distribution, and disposal projects in the Northern Delaware Basin.
Added approximately 60,000 acres of leasehold dedication and 385,000 acres under right of first refusal agreements.
Contracts encompass full water cycle including gathering, recycling, disposal, and distribution.
Contracts support expansion of recycling facilities and pipeline infrastructure.
Expectation of 20% YoY growth in water infrastructure revenue in 2026, building on double-digit growth in 2025.

GWH

Energy & Utilities

5d

Strategic Pivot to Long-Duration Energy Storage and Market Focus

ESS has shifted its strategic focus towards long-duration energy storage solutions, emphasizing the Energy Base product as a core growth driver.
The company highlighted the limitations of short-duration storage and lithium-ion technologies, positioning itself as a leader in scalable, safe, and sustainable long-duration storage.
Management noted a significant increase in market demand, with proposal activity exceeding 1.1 gigawatt hours since the Energy Base launch in February.
The company’s relationships with Tier 1 customers and utilities are foundational to its long-term growth strategy in the evolving energy transition market.
ESS’s pivot includes a focus on building a commercial pipeline with a growing number of RFPs and strategic partnerships, signaling a shift from project-based to pipeline-based revenue.
The company aims to convert commercial momentum into multiyear agreements, targeting revenue growth starting in 2026.