other_material
confidence high
sentiment positive
materiality 0.65
Essential Utilities invests in 1,400-acre PA data center; to build 18 MGD water plant
Essential Utilities, Inc.
- Will design, build, operate an 18 MGD water treatment plant using Monongahela River water for power generation and data center cooling.
- Data center powered by 944 MW behind-the-meter natural gas CCGTs with battery storage; gas turbine slots secured, delivery 2028.
- Peoples Natural Gas will provide consulting and energy management services for the project.
- Project expected operational Q1 2029; partnership with IEP, a developer with over 7 GW generation experience.
- Follows prior disclosure of discussions with developers representing >5 GW power demand; other discussions ongoing.
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