Overview
- Google and Blackstone will each invest $25 billion over the next two years to build AI data centers and power networks across Pennsylvania and neighboring states within the PJM grid.
- Google sealed a $3 billion, 20-year hydroelectric deal with Brookfield to supply up to 3,000 MW of clean energy for its upcoming AI hubs.
- President Trump unveiled a $92 billion federal package for AI-focused data centers and energy modernizations during the Carnegie Mellon energy and innovation summit.
- Blackstone has identified strategic sites adjacent to power sources and plans to partner with a regional utility on new gas-fired plants.
- The initiative aims to modernize the PJM Interconnection—spanning 13 states—to meet surging AI computing demand and enhance grid reliability.