Browsing Tag
Project Kilby
3 posts
National Grid’s $1.75bn Joulent investment brings AI data centre power into its growth portfolio
National Grid is taking a minority position in a United States power platform anchored by a 2.67 GW project for Microsoft. The opportunity is substantial, but returns still depend on final approval, construction discipline and partner-led execution.
July 21, 2026
National Grid shares fall as $1.75bn Joulent bet targets AI data centre power boom
National Grid is moving beyond conventional regulated networks with a $1.75 billion investment in Joulent, but the higher-return strategy introduces construction, technology, carbon and balance-sheet risks.
July 1, 2026
Chevron signs 20-year Microsoft power deal for 2.67 GW Project Kilby in Texas
Chevron’s 2.67 GW Project Kilby will power Microsoft’s West Texas AI campus with Permian gas. Explore the FID, economics and execution risks today in depth.
June 24, 2026