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National Grid Invests $1.75B in Joulent, Developer of Microsoft Power Plant

  • Infra & Chips
  • Funding & M&A

National Grid Plc, the UK's main grid operator, said it will invest $1.75 billion in US AI-power developer Joulent LLC to acquire a 35% stake. The investment, made through its unit National Grid Ventures, marks a substantial move into the fast-growing US market for data center power infrastructure.

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