First, our high-quality Power Innovation business attracted a highly efficient source of equity capital while preserving Williams operatorship, key decision-making authority and upside participation.
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The Williams Companies, Inc. 2026 Q2: Socrates Power Innovation: Phase 1 in-service and commissioning/ramp details
Socrates Power Innovation: Phase 1 in-service and commissioning/ramp details
- Williams achieved in-service for Phase 1 of Socrates, delivering 200MW in under 18 months since commercialization.
- Management said Socrates Phase 2 remains on track to deliver before year-end, with additional projects thereafter.
- In Q&A, management described extensive load testing ahead of start-up, including AI load-following checks, and adjustments during commissioning.
- Management reported first power delivery during the week and expected ramp-up over the course of the month.
- Executives said other projects such as Aquila and Apollo were trending on schedule and on budget, similar to Socrates.