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Latest coverage of energy, compute, and markets
AI data center costs are rising. Cipher, Riot and Hut 8 reveal how construction risks and tighter credit are reshaping the economics of miners’ AI expansion. ...
Riot Platforms confirmed the full commitment of its 332-acre Corsicana site to a Frontier AI Lab under a triple-net lease structure. The 910-megawatt (MW) agreement is set for an initial 15-year term, with Riot anticipating average yearly rental income of $1.8 billion. Should the tenant exercise two available five-year extensions, the total revenue from the contract could climb to $54 billion.
AI data centers could help lower household electricity bills—or push them higher. The final part of our series explores both outcomes and the safeguards needed ...
BitFuFu Inc. filed a Form 6-K with the U.S. Securities and Exchange Commission on October 13, 2026, detailing its monthly operational metrics and a legal complication regarding its expansion into Ethiopia. The company reported total Bitcoin production of 167 BTC for September, down from 174 BTC in August. While cloud mining production fell to 69 BTC from 86 BTC, self-mining production rose to 98 BTC from 88 BTC. Daily production remained stable at 5.6 BTC.
In a move to advance their corporate combination, NextEra Energy and Dominion Energy have formally responded to the Virginia State Corporation Commission (SCC) regarding the proposed merger. The companies disclosed that they have agreed to 101 conditions exactly as drafted by SCC staff and the Office of the Attorney General's Division of Consumer Counsel. Furthermore, they have accepted another 13 conditions with specific enhancements, leaving only three items from the original list of 117 regulatory provisions subject to alternative proposals.
WhiteFiber, Inc. (Nasdaq: WYFI) closed the purchase of manufacturing and land assets in Yadkin County, North Carolina, through its Enovum Data Centers Corp. subsidiary. The seller, Unifi Manufacturing, Inc. (UMI), received $60 million in cash for the properties. This final payment included the application of a $2.25 million deposit previously held in escrow.
The recently acquired properties, designated NC-2 and NC-3, include 500,000 square feet of warehouse space located approximately 55 miles from WhiteFiber's Madison-based NC-1 campus. The company plans to begin with an initial 60 megawatts (MW) of utility capacity, with the long-term goal of scaling to 200 MW by 2033, depending on grid availability. To manage overhead during the transition, the seller will remain on-site under a partial leaseback agreement.
NextEra Energy, Inc. and Dominion Energy, Inc. have formally responded to regulatory challenges regarding their proposed merger, according to a Form 425 filed with the Securities and Exchange Commission on November 3, 2026. The filing includes rebuttal testimony from top executives, including Dominion CEO Robert M. Blue and NextEra CEO John W. Ketchum, submitted to the Virginia State Corporation Commission (SCC) in Case No. PUR-2026-00112.
In a significant step toward finalizing their merger, NextEra Energy and Dominion Energy have formally integrated the majority of recommendations from Virginia regulators into their proposal. According to a November 3 filing with the State Corporation Commission (SCC), the utility companies have adopted 101 conditions originally requested by commission staff and the Office of the Attorney General's Division of Consumer Counsel. An additional 13 conditions were accepted with specific modifications designed to enhance consumer protections.
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