AEP Agrees to Buy Mobile Power Units in Deal That Could Exceed $4B
Photo: TokenPost
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 reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
