ENGIE Collaborates with Prometheus Hyperscale to Co-Develop Next-Generation AI-Ready Data Centers in Texas
Rhea-AI Summary
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.
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
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.
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
"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
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
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SOURCE Engie North America Inc.