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ENGIE Collaborates with Prometheus Hyperscale to Co-Develop Next-Generation AI-Ready Data Centers in Texas

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ENGIE (OTC:ENGIY) has formed a strategic partnership with Prometheus Hyperscale to develop AI-ready data centers along Texas's I-35 corridor. The collaboration will co-locate data centers at ENGIE's renewable and battery storage facilities, with the first sites expected to go live in 2026.

The partnership combines ENGIE's expertise in renewables and energy management with Prometheus' liquid-cooled data center infrastructure to address the growing demand for sustainable compute capacity, particularly for AI workloads. The project includes collaboration with Conduit for on-site power generation and provides carbon emission offset options through market-based mechanisms.

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Positive

  • Strategic expansion into high-growth AI data center market
  • Leverages existing renewable and battery storage assets for new revenue streams
  • Partnership provides sustainable infrastructure solution for growing AI compute demand
  • Multiple sites planned from 2026 onwards indicating scalable growth potential

Negative

  • Initial operations won't begin until 2026, indicating delayed revenue impact
  • Requires additional power generation solutions through third-party provider Conduit
  • Potential high capital investment requirements for infrastructure development

News Market Reaction 1 Alert

-2.89% News Effect

On the day this news was published, ENGIY declined 2.89%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

HOUSTON, Sept. 2, 2025 /PRNewswire/ -- ENGIE North America (ENGIE) announced it has entered into an agreement with Prometheus Hyperscale ("Prometheus"), a leading sustainable hyperscale data center developer. Together, they will co-locate data centers at select renewable and battery storage energy facilities along the Texas I-35 corridor.

The first sites equipped with high-performance, AI-ready data center compute capacity are expected to go live in 2026.

Under the exclusive agreement, Prometheus will deploy its high-efficiency, liquid-cooled data center infrastructure alongside ENGIE's renewable and battery storage assets. The first sites equipped with high-performance, AI-ready data center compute capacity are expected to go live in 2026, with more locations planned from 2027 onward.

This alliance brings together ENGIE's deep expertise in renewables, batteries, and energy management and Prometheus' highly efficient liquid-cooled data center design to meet the growing demand for reliable, sustainable compute capacity — particularly for AI and other high-performance workloads.

"ENGIE is focused on delivering solutions to meet the growing demand for power across the U.S., with a strategic focus on enabling data center expansion. By leveraging our robust portfolio of wind, solar, and battery storage assets — combined with our commercial and industrial supply capabilities and deep trading expertise — we're providing integrated energy solutions that support scalable, resilient, and sustainable infrastructure," said David Carroll, Chief Renewables Officer and SVP, ENGIE North America. "Our collaboration with Prometheus demonstrates our shared approach to finding innovative approaches to developing, building and operating projects that solve real world challenges."

"Prometheus is committed to developing sustainable, next generation digital infrastructure for AI," said Bernard Looney, Chairman of Prometheus Hyperscale and former CEO of bp. "We cannot do this alone - ENGIE's existing assets and expertise as a major player in the global energy transition make them a perfect partner as we work to build data centers that meet market needs today and tomorrow."

To meet those needs quickly, Prometheus will work with Conduit, an on-site power generation provider, for near-term bridging and back-up solutions. The alliance will also enable tenants to offset project-related carbon emissions through established market-based mechanisms.

About ENGIE North America
Based in Houston, Texas, ENGIE North America Inc. is a regional hub of ENGIE, a major player in the energy transition, whose purpose is to accelerate the transition towards a carbon-neutral economy. With 98,000 employees in 30 countries, the Group covers the entire energy value chain, from production to infrastructures and sales. ENGIE combines complementary activities: renewable electricity and green gas production, flexibility assets (notably batteries), gas and electricity transmission and distribution networks, local energy infrastructures (heating and cooling networks) and the supply of energy to local authorities and businesses. Every year, ENGIE invests more than $10 billion to drive forward the energy transition and achieve its net zero carbon goal by 2045. ENGIE (ENGI), is listed on the Paris and Brussels Stock Exchanges. For more information on ENGIE in North America, please visit our website at www.engie-na.com or our LinkedIn page at www.linkedin.com/company/engie-north-america-inc.

About Prometheus Hyperscale
Prometheus Hyperscale puts energy first in powering the age of intelligence. By harnessing cleaner energy, Prometheus is building next-generation, liquid-cooled hyperscale data centers to deliver sustainable, efficient, and scalable infrastructure for AI and the digital economy. Led by seasoned energy executives and deeply experienced data center developers, Prometheus uses proprietary geothermal technology that enables zero water use, setting a new standard for sustainable infrastructure. Prometheus is redefining how data centers are built—driving innovation, sustainability, and speed to unlock a cleaner, smarter future. To learn more, visit PrometheusHyperscale.com or our LinkedIn page at https://www.linkedin.com/company/prometheus-hyperscale.

Media Contacts
ENGIE North America
Michael Clingan, External Relations
Michael.clingan@external.engie.com
(832) 745-6057

Prometheus Hyperscale
Abby Pick
Abby.pick@prometheushyperscale.com 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/engie-collaborates-with-prometheus-hyperscale-to-co-develop-next-generation-ai-ready-data-centers-in-texas-302543202.html

SOURCE Engie North America Inc.

FAQ

When will ENGIE's AI-ready data centers in Texas become operational?

The first AI-ready data center sites are expected to go live in 2026, with additional locations planned from 2027 onward.

What is the purpose of ENGIE's partnership with Prometheus Hyperscale?

The partnership aims to develop sustainable AI-ready data centers co-located with ENGIE's renewable energy facilities along Texas's I-35 corridor, combining ENGIE's energy expertise with Prometheus' liquid-cooled data center technology.

How will ENGIE's data centers be powered?

The data centers will utilize ENGIE's renewable and battery storage assets, with additional near-term bridging and back-up solutions provided by Conduit, an on-site power generation provider.

What makes ENGIE's new data centers different from traditional ones?

These data centers feature highly efficient liquid-cooled infrastructure, are specifically designed for AI workloads, and are co-located with renewable energy sources for sustainable operation.

How will ENGIE address the environmental impact of these data centers?

The project incorporates renewable energy sources, battery storage, and carbon emission offset options through established market-based mechanisms.
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