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EQT Is Backing $2 Billion Small-Battery Push to Enable AI
Source: Bloomberg
Private Markets & VentureInfrastructure & DefenseEnergy Markets & PricesTechnology & Innovation
EQT Infrastructure is backing a $2 billion investment in small-battery systems aimed at reducing electricity costs for industrial users and accelerating data-center connections to the largest U.S. power grid. The funding could support grid-capacity expansion and address power-access bottlenecks for energy-intensive industrial and data-center demand.
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