other_material
confidence high
sentiment positive
materiality 0.55
Essential Utilities invests $26M in data center water plant, gas services in Pennsylvania
Essential Utilities, Inc.
- Investment of $26M to build 18 MGD water treatment plant for data center near Monongahela River.
- Essential subsidiary Peoples to provide natural gas consulting and energy management services.
- Data center to be powered by 944 MW of natural gas CCGTs; gas turbine slots secured for 2028 delivery.
- Project expected operational in Q1 2029 on 1,400-acre site in Greene County, PA.
- Partnership with IEP; Essential previously disclosed discussions with data center developers for >5 GW.
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