Dominion Energy, NextEra secure shareholder approvals for merger deal

Sept 3 (Reuters) - Shareholders of Dominion Energy and NextEra Energy approved the companies' proposed $66.8 billion merger ​deal, according to regulatory filings on Thursday. The companies had announced their plan ‌to merge in May, which is expected to create one of the world's largest electric utilities during an expansion of energy-intensive data centers to support artificial intelligence. Virginia-based... Continue Reading →

France’s Voltalia wins approval for $35 billion data center project in Brazil

Aug 27 (Reuters) - French renewable energy company Voltalia has received authorization from Brazil's government ​to install a data center at the ‌Pecem port complex in Ceara state, securing tax exemptions for the planned mega-project. Investment in the data center is expected ​to total 181.7 billion reais ($35.24 billion), Brazil's ​government said in a Wednesday statement.... Continue Reading →

Oilfield services provider Baker Hughes beats Q2 profit estimates

July 26 (Reuters) - Baker Hughes reported a stronger-than-expected second quarter as the oilfield services and energy technology company benefitted from brisk demand for LNG equipment, gas ​infrastructure and power generation projects tied to growing electricity needs. Earnings per ‌share were 64 cents, topping analysts' expectations compiled by LSEG of 50 cents. Adjusted earnings before interest,... Continue Reading →

China activates world’s first offshore wind-powered underwater data center

May 20 (interestingengineering) China’s offshore wind-powered underwater data center, said to be the world’s first of its kind, has entered full commercial operation off the coast of Shanghai’s Lingang Special Area. The $226M project was officially launched in June 2025 through a cooperation agreement signed between the Lingang Special Area administrative committee, Shanghai Lingang Special... Continue Reading →

Wartsila orders miss forecast, but upbeat on data centres

Feb 4 (Reuters) - Finnish engineering group Wartsila missed fourth-quarter orders forecasts on Wednesday, dragged down by U.S. battery tariffs and tougher competition in its energy storage business. The company's shares fell around 3%, even though CEO Hakan Agnevall pointed to "ample opportunities" supplying engine-based power generation to new data centres - a fast-growing business as... Continue Reading →

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