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Add as a preferred source on GoogleAEP Agrees to Buy Mobile Power Units in Deal That Could Exceed $4B
American Electric Power will acquire up to 1.6 gigawatts of small generators from Mainspring Energy under an agreement covering the next eight years.
American Electric Power agreed to buy up to 1.6 gigawatts of small generators from Mainspring Energy in a deal that could exceed $4 billion over the next eight years.
The purchase would provide mobile generation capacity to help power the artificial intelligence boom.
The agreement’s potential value is conditional on the full eight-year scope of the transaction.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.