 A world leader in energy expansion and digital transformation, 

 announced today that it added 51,000 square feet and 27 additional permanent jobs to its Williamsport facility as a result of a supply and manufacturing agreement with Invenergy—America’s largest privately held independent power producer. The expanded facility will support America’s largest private sector-led transmission investment, Grain Belt Express, with its first order under the agreement to exclusively use U.S. steel and aluminum, representing a major investment in domestic energy supply chains. With the Invenergy agreement and expanded facility, Prysmian now supports almost 430+ jobs across Pennsylvania and over 270 just at the Williamsport facility and doubles U.S. manufacturing capacity for certain advanced transmission conductors.

“We are proud to have a part in this transformative project supplying our most innovative technology for overhead power transmission in the market, E3X®,” said Andrea Pirondini, Prysmian North America President and CEO. “Our expanded Williamsport facility enhances our manufacturing capacity and is another step to strengthening the grid and granting energy independence throughout the United States.”

“Critical energy infrastructure projects like Grain Belt Express represent a direct investment in America, our economy, and the domestic supply chain,” said Shashank Sane, Invenergy’s Executive Vice President for Transmission. “Our partnership with Prysmian only furthers our commitment to the U.S. manufacturing workforce, a stronger grid, and American energy independence.”

The facility expansion is supported by a long-term supply and manufacturing agreement announced in 2023 with Invenergy. As a result, Prysmian will supply up to 12,500 miles of overhead conductors to support Invenergy’s portfolio of long-distance high-voltage direct-current (HVDC) transmission projects in the U.S., including Grain Belt Express, the largest electric transmission project in development in the U.S., and the New Mexico North Path and Cimarron Link lines.

This expansion doubles the United States’ ability to manufacture advanced transmission conductors with E3X® technology. Prysmian’s E3X® advanced conductor technology increases the capacity, efficiency, and reliability of transmission lines, allowing for more electric power to be transmitted with low losses and delivered across long distances without expanding the physical footprint of the project.

The investment also highlights Prysmian’s commitment to Pennsylvania in establishing a global center of excellence in Williamsport. As one of the largest employers in the region, the plant has 277 employees and has been continuously operating since 1965.

“We are proud to manufacture the industry’s most advanced overhead conductors right here in Williamsport,” said David Horton, Williamsport plant manager. “Every day, every shift, our workers are producing these products, and it gives us a great sense of pride to play a part in helping the country achieve energy independence.”

“Prysmian’s expansion here in Williamsport is great news for our community,” Sen. Gene Yaw (R-23) said. “It means more good-paying jobs, better critical infrastructure needed to power our electric grid and a solid commitment to our region’s future. I’m proud to support companies that choose to invest and grow right here in Lycoming County.”

“I’m proud to celebrate the expansion of Prysmian’s Williamsport facility,” said Derek Slaughter, Mayor of Williamsport. “This investment not only strengthens our local economy—it establishes Williamsport as a national leader in advanced cable manufacturing. It’s exciting to see this kind of growth happening right here in our community.”

Invenergy’s own presence in Pennsylvania includes the 1,485-megawatt Lackawanna Energy Center, located just outside Scranton, the Electric City. Since coming online in 2018, Lackawanna continues to be the largest natural gas plant in the Keystone State and the largest operational project in Invenergy's fleet.

Based in Highland Heights, Ky., Prysmian North America is a benchmark player in the energy expansion and digital transformation. Prysmian’s strategy is perfectly aligned with the main market drivers by developing resilient, high-performing, sustainable, and innovative cable systems for the transmission, power grid, electricity and digital solutions segments. Prysmian’s North American operations include 29 plant locations and nearly 8,000 associates with net sales of $8 billion. Additional information is available at na.prysmian.com.

Globally, Prysmian is the largest cable solutions provider in the world, with more than 33,000 employees, 107 production plants and 27 R&D centers in over 50 countries. In 2024, global sales exceeded €17 billion.

Grain Belt Express, an Invenergy project, is the largest private sector-led transmission project in U.S. history. An energy superhighway connecting four U.S. grid regions, Grain Belt Express will unleash up to 5,000 MW of American energy to enhance grid reliability and strengthen U.S. energy security. No infrastructure project in development today delivers more cost savings to American consumers than Grain Belt Express. Learn more at 

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With Invenergy’s Support, Prysmian Doubles Down on U.S. Manufacturing and Domestic Energy Supply Chains

Highest Capacity and First U.S. Transmission Line to Connect Four Grid Regions Builds on Domestic Energy Supply Chain and Manufacturing Investments

(May 7, 2025) – Grain Belt Express, the largest electric transmission project in the U.S., today announced nearly $1.7 billion in combined U.S. contractor awards to Quanta Services (Quanta),

a leader in specialized infrastructure solutions for the energy industry, and Kiewit Energy Group Inc. (Kiewit), one of America’s leading engineering, construction and procurement companies.

Michael Polsky joined Fox Business anchor Maria Bartiromo on 

 to announce the $1.7 billion supply chain agreement and discuss the transmission project's role in securing American energy independence. 

Grain Belt Express, an Invenergy project, is an 800-mile transmission line using state-of-the-art high-voltage direct current (HVDC) technology. It spans 4 states—Kansas, Missouri, Illinois, and Indiana—that have all approved the line as a project in the public interest. The open-access transmission line will add 5,000 megawatts of U.S. energy delivery capacity. By unlocking market efficiencies, Grain Belt Express will provide $52 billion in energy cost savings to Americans over 15 years. Grain Belt Express Phase 1, the portion of the project connecting Kansas and Missouri, is targeting commencement of construction in 2026, which is estimated to create over 4,000 jobs.

“We’re pleased to partner with Quanta and Kiewit as we build the biggest transmission line in U.S. history. Grain Belt Express is a transformative project that delivers jobs and deepens America’s energy supply chain capabilities in innovative transmission technology,”

 Michael Polsky, Founder & CEO of Invenergy

. “Interregional transmission is key to unleashing American energy dominance to power our nation’s businesses and strengthen our national security.”

Quanta Services and Kiewit have strong local presences and expect to source raw materials locally in Kansas and Missouri when possible, including concrete, aggregate, civil materials, conduit, and piping. Main construction, engineering, and procurement offices for Grain Belt Express Phase 1 will be based out of 

“Grain Belt Express is an important project that supports the country’s energy dominance priority, manufacturing reshoring, mission to lead the world in artificial intelligence and secure our grid. The entire Quanta team, including those at our Infrastructure Solutions Group in Kansas City, is ready and looks forward to helping modernize our electric infrastructure and bring much-needed relief to energy consumers across the Midwest,” said 

Duke Austin, President and Chief Executive Officer of Quanta Services

“We’re very pleased to be an integral part of the Grain Belt Express project, which is focused on delivering a significant transmission project that will help ensure reliable, secure power in the United States,” said 

Chad Jessen, Executive Vice President, Kiewit Energy Group Inc.

 “Our extensive EPC experience with complex power delivery projects suits us well, especially using this HVDC technology to connect grid regions to help reliably meet growing energy demand.”

Grain Belt Express will strengthen U.S. grid security and enhance reliability, enabling deliverability for both new-build generation and over eight gigawatts of existing dispatchable generation near the line’s connections with multiple regional grids. The line’s pro-market merchant business model brings together willing buyers and sellers of electricity, an alternative to central planning where ratepayers shoulder all costs for new transmission lines. Grain Belt Express will help states and regions meet rapidly growing electricity demand driven by data centers and manufacturing, while also powering economic prosperity with direct infrastructure investment in local economies.

“This announcement shows once again how much Missouri can contribute to big infrastructure projects like this transmission line, which will help bring energy savings and reliability to 39 municipal utilities across the state. It’s great to see Grain Belt Express continuing to invest in Missouri and support our workers, especially after their recent agreements with Hubbell Power Systems in Centralia and the Missouri Public Utility Alliance,” said 

Missouri Speaker of the House Jon Patterson

“Grain Belt Express is a multi-billion-dollar investment in Kansas and an essential American infrastructure project. The selection of contractors and suppliers with a local presence is just one of the many sizable economic benefits Grain Belt Express brings, in addition to greater energy cost savings and reliability,” said 

“Kansans working to balance household budgets and run businesses want energy that's affordable and reliable, and that's what we are getting with Grain Belt Express, all without ratepayers being forced to pay for it. I look forward to seeing the positive impact of the thousands of jobs and billions in investment that this project will bring to Kansas,” said

 Kansas Speaker of the House Daniel Hawkins.

The selection of Quanta and Kiewit adds to domestic energy supply chain investments and commercial commitments for Grain Belt Express Phase 1 as project execution advances toward construction:

Grain Belt Express, an Invenergy project, is the biggest transmission project in U.S. history. An energy superhighway connecting four U.S. grid regions, Grain Belt Express can unleash all forms of American-made power to enhance energy reliability and strengthen U.S. security. No infrastructure project in development today delivers more cost savings to American consumers than Grain Belt Express. Learn more at 

Quanta Services is an industry leader in providing specialized infrastructure solutions to the utility, renewable energy, technology, communications, pipeline, and energy industries. Quanta's comprehensive services include designing, installing, repairing and maintaining energy, technology and communications infrastructure. With operations throughout the United States, Canada, Australia and select other international markets, Quanta has the manpower, resources and expertise to safely complete projects that are local, regional, national or international in scope. For more information, visit 

Kiewit is one of North America’s largest and most respected construction and engineering organizations. With its roots dating back to 1884, the employee-owned organization operates through a network of subsidiaries in the United States, Canada, Mexico and Guam. Kiewit offers construction and engineering services in a variety of markets including power; transportation; water; oil, gas and chemical; marine; building; industrial and mining. Kiewit had 2024 revenues of $16.8 billion and employs 31,800 staff and craft employees.

Grain Belt Express Awards $1.7B to U.S. Contractors Quanta and Kiewit to Build Largest Transmission Line in U.S. History

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Michael Polsky, founder and CEO of independent

 power giant Invenergy, has plenty on his plate. But one priority stands out.

 The breadth of the privately held firm's assets and plans gives Polsky a wide-angle view as the U.S. faces newly rising power demand.

 Polsky called interregional transmission a tech-neutral key to unlocking and moving power needed for supporting AI and other large industries, and re-shoring manufacturing.

 In late November, the Biden-era DOE announced a conditional $4.9 billion loan guarantee for phase 1 of Invenergy's proposed five-gigawatt Grain Belt Express line from Kansas to Indiana.

"President [Trump] said we want to unleash

 American energy, we want to have abundance, low cost, independence. This is what Grain Belt is all about," Polsky said.

 Permitting help is key, but not enough, Polsky said.

 The multinational Invenergy's 209 generation and storage projects total 33 gigawatts of capacity to date, mostly in the U.S.

 Polsky warned that nixing IRA incentives could raise consumer costs for two reasons.

"Dominance has to be with multiple resources...dominance means we have got to dominate in both renewables and fossil fuels," he said.

INTERVIEW WITH BEN GEMAN, AXIOS ENERGY REPORTER

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A power titan calls transmission key to Trump's agenda

 -- Invenergy, the largest privately held developer, owner, and operator of clean energy solutions, today announced four new Virtual Power Purchase Agreements (VPPA) with Verizon totaling 640 MW of power. These agreements enable Verizon to meet its power needs with cleaner, more reliable, affordable American energy. Verizon’s total procured energy from Invenergy is now more than 1 GW.  

“America’s economic growth relies on reliable, affordable electricity, and valued customers like Verizon trust Invenergy to flexibly meet their clean energy needs with our engineering expertise and wide range of technologies,” 

said Chris Orzel, Invenergy's Senior Vice President of Origination

. “In addition to serving our customer’s growing power needs, Invenergy’s projects deliver jobs and economic benefits to local communities and add more American energy to the grid.” 

"Surpassing 1 GW in clean energy procurement from Invenergy represents a key milestone in Verizon’s long-term energy strategy,” 

Senior Vice President, Global Sourcing and Supply Chain and Chief Sustainability Officer, Verizon

 build on our long-standing relationship with Invenergy as we

 create resilient networks that support our customers’ needs and keep them connected when it matters most.”  

The latest VPPAs are contracted through four Invenergy-developed facilities strategically located across the United States, including Arkansas, Illinois, Maryland, and Ohio: 

The electricity generated by all four Invenergy-developed projects will be delivered to local grids through two energy markets across four states, increasing regional reliability by providing power to nearby homes and businesses. Verizon will receive clean energy credits for bringing new generation capacity online. 

Invenergy is accelerating cleaner, more reliable, affordable energy. Invenergy and its affiliated companies develop, build, own, and operate large-scale renewable and other clean energy generation, transmission, and storage facilities in the Americas, Europe, and Asia. Headquartered in Chicago, Invenergy has regional development offices in the United States, Canada, Mexico, Spain, Japan, Poland, and Scotland. 

Invenergy and its affiliated companies have successfully developed more than 33,000 megawatts of projects that are in operation, construction, or contracted, including wind, solar, transmission infrastructure and natural gas power generation and advanced energy storage projects. 

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Invenergy, Verizon partner to procure over 1 GW in renewable energy

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At Invenergy, innovation is driven by a unique array of ideas and perspectives. Our growing team of 

+ people works to accelerate cleaner, more reliable, affordable energy across the globe. 

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Grain Belt Express is a test of America’s will to build

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Strengthening the grid backbone for U.S. energy dominance

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Raising industry standards: Invenergy’s new Center of Excellence

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Powering careers: Inside Invenergy’s Center of Excellence training center

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Polsky on Fox Business News: Electricity is key for the American economy

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Invenergy’s Hardin III Commences Operations

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Invenergy’s First Clean Hydrogen Facility Reaches Commercial Operations

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Invenergy Announces Commercial Operations at Its 10th Arizona Battery Energy Storage Center

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Invenergy Announces $30M Center of Excellence Focused on Training and Manufacturing

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Project will help I&M meet rapidly rising energy demand 

Indiana Michigan Power (I&M) has made a filing with the Indiana Utility Regulatory Commission (IURC) requesting approval of a certificate of public convenience and necessity (CPCN) to acquire the Sycamore Riverside Energy Center, a planned 918 megawatt (MW) natural gas combustion turbine generation facility to be built in Sullivan County, Indiana.

I&M anticipates a decision from the IURC on the filing by the end of 2026. If the CPCN request is approved within the anticipated timeframe, I&M is expected to take ownership of the facility in March of 2029 once construction and commissioning are complete. The site is adjacent to I&M’s retired Breed Generation Facility. I&M has a long and positive history of collaboration with the community and looks forward to reinvesting in the area.

The proposal to acquire Sycamore Riverside is a component of I&M’s 

 plan, which details the resources needed to provide I&M customers with reliable and affordable energy today and into the future. The cost of the project will not impact I&M’s ability to request a reduction in base rates as well as a multi-year freeze of non-fuel rates for Indiana customers.

The acquisition is necessary to meet increased energy and capacity demand and the filing contains additional information on future operating plans, fuel supply strategy, status of major equipment purchases and affordability considerations. Through the CPCN process, the IURC will evaluate whether the acquisition is reasonable and in the public’s interest.

“As our communities continue to grow, we are investing in a diverse generation portfolio consisting of new and existing facilities, designed to meet our customers’ future energy needs,” said Steve Baker, I&M president and chief operating officer. “The Sycamore Riverside Energy Center is a dispatchable resource, providing reliable on-demand power during periods of peak energy needs.”

The project is being developed by Invenergy, North America’s largest privately held independent power producer and energy infrastructure innovator. Sycamore Riverside Energy Center will be Invenergy’s third project in Sullivan County.

“We look forward to working with I&M on this project and moving it into the next phase of its development,” said Daniel Runyan, Invenergy’s senior vice president of development. “As energy demand continues to grow, unlocking reliable, affordable, domestic energy helps ensure that Indiana customers have consistent power when they need it most.”

I&M is navigating an unprecedented time in history. As the company looks ahead, power demand is expected to more than double the Indiana peak from approximately 2,800 MW in 2024 to more than 7,000 MW in the 2030 timeframe. The rapid growth in energy demand provides an opportunity for I&M to reshape the way it serves current customers and those the company will serve decades into the future.

I&M’s generation portfolio incorporates a diverse mix of resources, including solar, wind, nuclear, natural gas, coal and hydroelectric units. The company’s vision for the future is to implement a comprehensive approach to providing a reliable, resilient, and stable electric power system that customers can access affordably.

Indiana Michigan Power (I&M) is headquartered in Fort Wayne, and its approximately 2,000 employees serve more than 600,000 customers. More than 85% of its energy delivered in 2024 was emission-free. I&M has at its availability various sources of generation including 2,278 MW of nuclear generation in Michigan, 450 MW of purchased wind generation from Indiana, more than 22 MW of hydro generation in both states and approximately 35 MW of large-scale solar generation in both states. The company’s generation portfolio also includes 1,497 MW of coal-fueled generation.

American Electric Power (Nasdaq: AEP) is committed to improving our customers' lives with reliable, affordable power. We expect to invest $72 billion from 2026 through 2030 to enhance service for customers and support the growing energy needs of our communities. Our nearly 17,000 employees operate and maintain the nation's largest electric transmission system with approximately 40,000 line miles, along with more than 252,000 miles of distribution lines to deliver energy to 5.6 million customers in 11 states. AEP also is one of the nation's largest electricity producers with approximately 31,000 megawatts of diverse owned and contracted generating capacity. We are focused on safety and operational excellence, creating value for our stakeholders and bringing opportunity to our service territory through economic development and community engagement. Our family of companies includes AEP Ohio, AEP Texas, Appalachian Power (in Virginia, West Virginia and Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas Panhandle). AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide. AEP is headquartered in Columbus, Ohio. For more information, visit aep.com.

News releases and other information about I&M are available at IndianaMichiganPower.com

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Invenergy Advances 918 MW Natural Gas Project with Offtake Agreement in Indiana

CHICAGO, IL (April 7, 2026) – Invenergy, North America’s largest privately held independent power producer and energy infrastructure innovator, today announced that its Founder Michael Polsky will assume the role of Executive Chairman while Co-Founder and longtime President Jim Murphy will take over as the company’s CEO, and Chief Commercial Officer Jim Shield will become President of Invenergy Power, which will oversee the company’s growing natural gas and data center development. 

“With the energy landscape more dynamic than ever, we’re strengthening our leadership structure to position Invenergy for the incredible opportunities ahead,” said Invenergy Founder Michael Polsky. “Our team is the gold standard of the industry, and I’m proud of what we've built over the last 25 years. I’m pleased to move Jim Murphy, my business partner of 35 years, into the CEO role and to continue our work together to lead Invenergy through our next phase.” 

“I’m honored to be stepping into the role of CEO and am committed to carrying forward the work we’ve been doing to meet our customers’ growing demand for affordable, reliable energy,” said Jim Murphy, Invenergy’s Co-Founder. “Under Michael’s leadership, our extraordinarily talented Invenergy team has built a business grounded in deep market understanding, disciplined decision making, and trust earned through consistent execution. Those same principles will continue to guide us forward.” 

“Invenergy’s gas and data center development work is growing because our customers need capacity, and they know we have the capability and discipline to deliver it,” said Jim Shield, President of Invenergy Power. “I’m looking forward to leading this work as we capitalize on opportunities ahead.”  

“I have every confidence that Jim Shield brings the experience, judgment and customer relationships that will best position this expanding business opportunity for Invenergy,” added Polsky. 

The moves strengthen Invenergy’s capabilities to continue delivering as demand grows at an unprecedented rate. Since its founding in 2001, Invenergy has developed more than 220 projects and 38 GW of power infrastructure across technologies and raised over $75 billion in capital. Invenergy will continue the work already underway to deliver reliable, affordable energy that meets its customers’ long-term needs.  

Invenergy is North America’s largest privately held developer, owner, and operator of innovative, reliable power infrastructure. Backed by 25 years of trusted execution and operational excellence, Invenergy’s end-to-end expertise provides customers with smart, scalable energy solutions across natural gas, solar, land-based wind, energy storage, transmission, and domestic manufacturing. Headquartered in Chicago, Invenergy and its affiliates have successfully developed over 220 projects totaling more than 38 gigawatts and reliably operates over 20 gigawatts of large-scale power infrastructure projects across four continents.

Invenergy Strengthens Leadership Structure

Collaboration Combines AI Factory Design, Energy Resources and Flexibility to Speed Time to Power and Support Grid Reliability

 that they are working with to power and advance a new class of AI factories that connect to the grid faster, generate valuable AI tokens and intelligence, and operate as flexible energy assets that can support the grid. Other companies joining this effort include AES, Constellation, NextEra Energy, Nscale Energy & Power and Vistra.

By bringing together technology, energy and infrastructure leaders, the collaboration demonstrates how companies across industries can convene to support AI innovation in the United States, while building a more reliable power system for Americans.

These next-generation AI factories will harness the new 

, which includes the DSX Flex software library for connecting AI factories to power-grid services.

For accelerated deployment, the factories can use co-located energy generation and storage as bridge power for hybrid AI factories, then later harness these resources to flexibly supply the grid, accelerate AI factory interconnection and support the broader power system. This approach helps bring AI capacity online faster while creating broader value for customers and communities.

The DSX reference architecture can also support flexible AI factories without co-located energy resources to achieve larger and faster power grid connections.

Emerald AI’s Conductor platform will orchestrate computational flexibility alongside onsite generation, batteries and other behind-the-meter resources to deliver precise, grid-responsive power flexibility while ensuring quality of service for AI compute tenants. This coordination helps operators meet power targets, protect priority workloads, shorten time on bridge power, and support larger and faster interconnections. It can also help reduce the need for infrastructure to be sized around peaks, easing pressure on future system costs.

“AI factories are the engines of the intelligence era, and like any great engine, every system must be designed together — energy, compute, networking and cooling as one architecture,” said Jensen Huang, founder and CEO of NVIDIA. “NVIDIA and Emerald AI are working together to enable a future for AI where performance, efficiency and grid responsiveness can be tapped into immediately.”

“AI factories are too valuable to be treated as either passive loads or permanent islands,” said Varun Sivaram, founder and CEO of Emerald AI. “They produce tremendously valuable AI tokens and knowledge, and with DSX Flex, they can also provide measurable relief back to the grid. Emerald Conductor orchestrates compute flexibility alongside onsite energy resources to support the grid, so projects can connect sooner, preserve quality of service for AI tenants and ultimately strengthen the power system around them.”

Building AI Factories That Strengthen the Grid

Today’s electric systems are built to serve peak demand but are underutilized during most hours of the day. Power-flexible AI factories can help unlock up to 

 across the U.S. power system by combining optimized infrastructure design with efficient use of existing assets and, where needed, new-build generation, while flexing during limited periods of grid stress to reduce the need for broader grid expansion to support reliability.

AI factories convert electricity into AI tokens, models and intelligence — among the highest-value outputs modern infrastructure can produce. Meeting that opportunity will require innovation in computing as well as in how companies plan, build and operate energy infrastructure.

Many gigawatt-scale AI projects are turning to co-located generation and storage because conventional interconnection timelines can be too slow for the pace of AI investment. However, permanently isolating generation and storage from the grid has drawbacks. It can leave assets underutilized, raise long-term cost per AI token and prevent energy resources from supporting grid reliability.

Invenergy, along with AES, Constellation, NextEra Energy, Nscale Energy & Power and Vistra are committed to building the energy generation capabilities necessary to ensure supply meets surging demand.

The companies will collaborate to evaluate optimized generation applications designed to power the AI factories built with the architecture developed by NVIDIA and Emerald AI, including through hybrid projects that use co-located power, to speed time to power and create value for the broader grid. By pairing large AI loads with flexible operations, new energy generation capabilities and intelligent controls, this approach can help boost grid reliability.

The companies can also support flexible AI factories that are grid-connected from the outset, using co-located energy resources if available.

“Grid flexibility will be key to addressing AI’s unprecedented demand while supporting system reliability,” said Andrés Gluski, CEO of AES. “At AES, we are enabling next-generation AI infrastructure to accelerate our clients’ time to power. DSX Flex embeds flexibility from the outset, allowing AI infrastructure to operate as a grid asset that supports faster, more efficient growth.”

“As the largest producer of clean energy in the U.S., we know data centers have enormous potential to unlock energy infrastructure investment, job creation and benefits for our communities,” said Joe Dominguez, president and CEO of Constellation. “They can also address the need for additional capacity through demand response. We don’t have a supply problem — we have a peak problem. By effectively using what we already have, including power-flexible AI factories that also enable AI-powered demand response, we can accommodate new load growth more efficiently.”

“AI is changing how we’re thinking about energy, and our customers need power fast, with the ability to scale over time,” said Michael Polsky, founder and CEO of Invenergy. “Combining near-term generation solutions with a path to full grid connection and flexible operations is an innovative and efficient way to help our customers meet their energy needs faster while keeping the system reliable.”

“To meet unprecedented new electricity demand while maintaining a reliable and resilient grid, now more than ever, we need to add generation resources,” said John Ketchum, chairman, president and CEO of NextEra Energy. “We also need technologies that allow new demand and related generation to integrate into the grid quickly and at the lowest possible cost. NextEra looks forward to working with NVIDIA and Emerald AI to help design efficient energy campuses and flexible AI factories that economically support rising demand while further strengthening America’s energy infrastructure.”

“We are committed to stabilizing the grid and helping West Virginia families and businesses have ready access to the power they need,” said Daniel Shapiro, chief power and energy officer of Nscale Energy & Power. “When we’re interconnected, we’ll be there on the grid’s highest-demand days to supply electricity back — that’s what 2 gigawatts scaling to 8 gigawatts of onsite generation means. Nscale’s Monarch campus is a power asset for West Virginia, not a load on it.”

“U.S. grids are designed to handle the highest-peak demand scenarios, which make up very few hours during the year,” said Jim Burke, president and CEO of Vistra. “AI factories that have the flexibility to adjust their power use with grid conditions are a faster solution, especially with co-located generation, for better utilization of the current grid infrastructure. This helps boost speed while we continue to build out more infrastructure for the long term.”

Over the last year, Emerald AI and NVIDIA trialed AI power flexibility demonstrations at five commercial data centers around the world. DSX Flex is expected to be deployed at commercial scale later this year at the NVIDIA AI Factory Research Center in Virginia, planned as one of the world’s first power-flexible AI factories with NVIDIA Vera Rubin infrastructure.

The companies intend to identify and advance project opportunities built using the Vera Rubin DSX reference design with DSX Flex to accelerate large-scale AI infrastructure deployment, support larger and faster grid interconnections, unlock technology pathways for new generation builds, expand the economic benefits of AI and energy investment for local communities, strengthen U.S. energy leadership and enable broader AI deployment over time.

Invenergy is North America’s largest privately held developer, owner, and operator of innovative, reliable power infrastructure. Backed by 25 years of trusted execution and operational excellence, Invenergy’s end-to-end expertise provides customers with smart, scalable energy solutions across natural gas, solar, land-based wind, energy storage, transmission, and domestic manufacturing. Headquartered in Chicago, Invenergy and its affiliates have successfully developed over 220 projects totaling more than 38 gigawatts and reliably operates over 25gigawatts of large-scale power infrastructure projects across four continents.

 is the pioneer in AI-driven data center flexibility management, transforming energy-intensive data centers into intelligent grid assets.

 (NASDAQ: NVDA) is the world leader in AI and accelerated computing.

Certain statements in this press release including, but not limited to, statements as to: NVIDIA and Emerald AI working together to enable a future for AI where performance, efficiency and grid responsiveness can be tapped into immediately; the benefits, impact, performance, and availability of NVIDIA’s products, services, and technologies; expectations with respect to NVIDIA’s third party arrangements, including with its collaborators and partners; expectations with respect to technology developments; expectations with respect to AI and related industries; and other statements that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the “safe harbor” created by those sections based on management’s beliefs and assumptions and on information currently available to management and are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic and political conditions; NVIDIA’s reliance on third parties to manufacture, assemble, package and test NVIDIA’s products; the impact of technological development and competition; development of new products and technologies or enhancements to NVIDIA’s existing product and technologies; market acceptance of NVIDIA’s products or NVIDIA’s partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of NVIDIA’s products or technologies when integrated into systems; NVIDIA’s ability to realize the potential benefits of business investments or acquisitions; and changes in applicable laws and regulations, as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

Many of the products and features described herein remain in various stages and will be offered on a when-and-if-available basis. The statements above are not intended to be, and should not be interpreted as a commitment, promise, or legal obligation, and the development, release, and timing of any features or functionalities described for our products is subject to change and remains at the sole discretion of NVIDIA. NVIDIA will have no liability for failure to deliver or delay in the delivery of any of the products, features or functions set forth herein.

© 2026 NVIDIA Corporation. All rights reserved. NVIDIA and the NVIDIA logo are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated. Features, pricing, availability and specifications are subject to change without notice.

Invenergy joins NVIDIA and Emerald AI to Pioneer Flexible AI Factories as Grid Assets

SRP and Invenergy Announce First Agreement on Solar and Storage Project to Help Meet Valley Energy Demand

Salt River Project (SRP), a not-for-profit public power utility serving the greater Phoenix metropolitan area, and Invenergy, North America’s largest privately held independent power producer and energy infrastructure developer, today announced an agreement to add 200 megawatts (MW) of solar energy and 200 MW of 4-hour battery storage to the Valley’s grid. This agreement marks the first partnership between SRP and Invenergy.

Located in Pinal County, the SunDog Energy Center will provide enough capacity to power up to 45,000 Valley homes. SRP is working to more than double the capacity of its power system in the next 10 years to meet increasing energy demand in the Phoenix metropolitan area. Drawing from a variety of energy technologies, Invenergy’s projects are helping the state meet that growing demand.

“Adding solar and storage resources is part of SRP’s all-of-the-above strategy to meet our customer’s growing energy needs with reliable, affordable and sustainable power,” 

said Bobby Olsen, SRP Associate General Manager and Chief Power System Executive. 

“We look forward to working with Invenergy to bring the benefits of the SunDog Energy Center to our customers and the community.”

SRP has more than 3,000 MW of carbon-free resources currently serving its customers, including 1,455 MW of solar and more than 1,100 MW of battery storage supporting its grid. SRP also has significantly more solar energy and storage capacity under development.

“From the start, SRP has been clear about what it needs to serve its customers, and we’re able to bring the right energy mix as they plan for growth,”

 said Ted Romaine, Invenergy’s Executive Vice President for Origination.

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