GS Utilities Daily

This report highlights recent regulatory reforms in Germany for power grids and data centers, alongside major infrastructure investments by Engie and National Grid. It also reaffirms the firm's 'earnings super-cycle' thesis for utilities driven by AI-related power demand.

Key Takeaways

• 1.Germany announced a package of reforms for grid expansion and data center construction to improve digitalization and financing.
• 2.National Grid Ventures (NGV) plans a $1.75bn investment in Joulent LLC for US electrical infrastructure to support large load AI demand.
• 3.Engie secured a long-term battery storage agreement in Spain and a significant electricity transmission contract in Peru.

Table of Contents

• Research you can’t miss from past two weeks
• Germany reveals reform accelerating grid build-out and new data center legislation
• Engie signs a ten-year agreement for 625 MWh of battery storage in Spain
• Engie secures contract to build, operate over 400km of Transmission lines in Peru
• National Grid to invest $1.75bn to accelerate power solutions for US data centers and AI
• EU invests €2.5 bn of ETS revenues in clean energy projects
• UK Approves 470MW Solar Projects in Northern England
• Spain's renewable energy share reaches c.60% in June
• Other news
• Research you need to read

Document Preview

Page 1 of 5

Subscribe for full accessStart Free Trial