National Grid Ventures

Data Center Signal is tracking 2 clips about National Grid Ventures data center developments across 2 states, including NY, TX.

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LIPA addresses power deficiency with retrofits and contracts
News ClipNewsday·Yaphank, Suffolk County, NY

LIPA addresses power deficiency with retrofits and contracts

LIPA has addressed a short-term power deficiency on Long Island by retrofitting power plants and extending cable contracts. However, a significant power shortfall is projected by the middle of the next decade, partly due to anticipated demand from new data centers once a state moratorium expires. This situation is intensifying calls to repower older plants, despite substantial costs and equipment availability challenges.

9/12/2026
National Grid Ventures Invests $1.75 Billion in Joulent to Expand U.S. AI Data Center Power Infrastructure
News Clipcitybiz·TX

National Grid Ventures Invests $1.75 Billion in Joulent to Expand U.S. AI Data Center Power Infrastructure

National Grid Ventures has agreed to invest $1.75 billion in Joulent LLC to develop large-scale power infrastructure for AI data centers and other electricity users across the U.S. This partnership will support projects like Project Kilby in West Texas, a 2.67-gigawatt facility dedicated to a Microsoft-operated data center. The investment aims to address the surging electricity demand driven by AI deployments and hyperscale data centers.

7/1/2026