Pennsylvania to attract billions in energy and tech investments | United States
Billions of dollars in energy and technology investment are set to pour into Pennsylvania, the US Mid-Atlantic state, following a high-profile summit in Pittsburgh attended by US President Donald Trump. The summit provided details of specific investments, complementing the previously announced artificial intelligence and new tech strategic push. Overall, around $90bn-worth of projects are in the pipeline. What was once Pennsylvania’s largest coat plant, for example, is set to be converted into a $10bn natural gas-powered data centre. Homer City Generating Station will have seven gas turbines on site powering up to 4.5GW of electricity. Google and Blackstone are both spending around $25bn on data centre infrastructure – the latter also includes natural gas plant spend – and CoreWeave is investing $6bn. Adopting a characteristically bullish tone, President Trump said the US “was not catching… Read More »Pennsylvania to attract billions in energy and tech investments | United States