Recurring series

GS Utilities Daily

Finvaulta tracks 18 editions of GS Utilities Daily from Goldman Sachs, published between May 24, 2026 and September 3, 2026. Each edition is summarized on its own page.

Latest edition · September 3, 2026

GS Utilities Daily Public Power Corp Assessing the upside from the DC opportunity European Commission approves €35 bn Ge...

Goldman Sachs' daily European utilities update highlights upside potential for Public Power Corp from its Kozani datacenter hub alongside EU approval of Germany's €16-35 bn capacity mechanism. The note also reviews broader structural tailwinds for European electrification and power demand driven by Agentic AI.

In this daily update, Goldman Sachs analyzes Public Power Corp's datacenter co-development strategy at the Kozani Hub, estimating a 1 GW buildout could add c.€4 per share (+c.20% upside). Regulatory milestones include the European Commission's approval of Germany's €16-35 bn capacity mechanism starting in 2031 and draft amendments introducing a flexible 2 to 4.8 GW annual offshore wind corridor from 2027. The authors reiterate their thematic thesis that electrification and highly energy-intensive Agentic AI demand are driving an 'Earnings Super-Cycle' across European utilities, justifying above-mid-cycle P/E multiples (c.16x).

Read the latest edition in full

Key takeaways from the latest edition

1.Public Power Corp (PPC) may be close to announcing its first hyperscaler partnership for the Kozani DC Hub, which could add c.€4/share (+c.20% upside) if scaled to 1 GW.
2.The European Commission approved Germany's market-wide capacity mechanism with estimated costs of €16-35 bn starting in 2031, featuring up to 15-year contracts.
3.Germany reformed its offshore wind tendering framework with a flexible 2 to 4.8 GW annual corridor starting in 2027 and a two-stage auction model including CfDs.

What this series covers

Research you can't miss from past two weeks
Public Power Corp: Assessing the upside from the DC opportunity
European Commission approves €35 bn German capacity mechanism
German government approves amendments to offshore wind tender rules
Other news
Research you need to read
Powering Up Europe: Energy Security: Utilities at the core of Europe's Electrification (27 April 2026)
Utilities and Artificial Intelligence: Agentic AI may boost an already strong power demand outlook (23 March 2026)
Powering Up Europe: Upgrading power demand assumptions, and target P/E valuations (23 March 2026)
Disclosure Appendix

Edition archive

Series at a glance

Editions tracked: 18
First edition: May 24, 2026
Latest edition: September 3, 2026

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