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Kentucky Data Center Intel
Latest data center news, projects, power and policy across Kentucky — updated daily.
Recent Kentucky data center news
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Essential Utilities Reports Third Quarter 2025 Results
Essential Utilities announced Q3 2025 financial results and multi-year infrastructure and strategic actions.
Main announcement: Essential reported Q3 2025 net income of $92.1 million ($0.33 per share) and quarter revenues of $477.0 million, while reaffirming a capital investment plan of approximately $7.8 billion from 2025–2029 (including $1.4–$1.5 billion expected in 2025). The company also announced an all-stock merger agreement with American Water Works Company, Inc. (announced Oct 27, 2025) to create a combined public utility with an approximate pro forma market capitalization of $40 billion and combined enterprise value of $63 billion, with the transaction expected to close by the end of Q1 2027 subject to shareholder and regulatory approvals.
Other key details and partnerships: Essential signed an agreement with International Electric Power III, LLC (IEP) to invest in a 1,400-acre data center project in Greene County, Pennsylvania, where Aqua will design, build, and operate an 18 million gallons per day (MGD) water treatment plant (expected operational mid-2029); the company expects to finance approximately $25 million of the data center investment via its ATM program in 2025. Rate awards/surcharges totaling $101.5 million were received across water and gas segments (water: $92.6 million; gas: $8.9 million). Webcast remarks: Date: November 5, 2025; Time: 9 a.m. ET; Access: Essential.co Investors page; archived for one year.
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Essential Utilities Reports Third Quarter 2025 Results
Essential Utilities announced its third-quarter 2025 financial results and significant strategic actions, including an agreement to invest in a Greene County, Pennsylvania data center project and a definitive all‑stock merger agreement with American Water Works Company, Inc.
- Quarter results & merger: Reported Q3 2025 net income of $92.1 million and revenues of $477.0 million; board declared a $0.3426 per share quarterly dividend payable Dec 1, 2025; announced a definitive all‑stock, tax‑free merger with American Water Works Company, Inc. creating a pro forma market capitalization of approximately $40 billion and combined enterprise value of approximately $63 billion, with the transaction expected to close by end of Q1 2027, subject to shareholder and regulatory approvals (including Hart‑Scott‑Rodino clearance).
- Capital programs & project details: Plans ~$7.8 billion of regulated infrastructure investment from 2025–2029 (including >300 PFAS projects); expects 2025 regulated infrastructure investments of $1.4–$1.5 billion; Aqua will design, build, and operate an 18 MGD water treatment plant for a 1,400‑acre Greene County data center/power project (operational target mid‑2029); company reaffirmed a 60% reduction in Scope 1 and 2 GHG emissions by 2035 (2019 baseline) and expects to raise ~$350 million equity in 2025 (including $25 million to finance the data center investment).
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Data Centers Are Turning to Gas Generators for Prime Power to Eliminate Long Lead Times for Grid Connections
Data center developers and equipment suppliers are increasingly using natural gas generator sets and packaged generator solutions as near-term prime power to meet rapid AI-driven compute demand.
- Main announcement/action: Data center developers (notably Joule Capital Partners with Caterpillar and CAT dealer Wheeler Machinery) are deploying natural gas gensets as prime power at large campuses (Millard County, Utah up to 4 GW planned) with fleets of Caterpillar G3520K (2.5 MW each) and >1 GWh battery storage; the Wonder Valley, Alberta project will use onsite natural gas to power an 8-GW data center with the first 1.5 GW scheduled for completion by 2027. Lead times for utility power can be three to seven years, prompting BYOP (bring your own power) and rapid delivery advantages for gas packages.
- Background and supporting details:Global Market Insights (GMI) valued the global gas generator market at $6.9 billion in 2024, projecting 8.8% CAGR to $16 billion by 2034, with >330 kVA and >750 kVA segments growing fastest; Fidelity Manufacturing expanded staffing from 40 to >500 and opened a second 86,000 sq ft factory (additional 25,000 sq ft production and warehouse planned) to meet data-center-driven demand. Typical large gas engines available up to ~2.5 MW; custom packaged features, ASCE/SEI and local codes, and OSHA/IBC-compliant access (aluminum framing, anti-slip surfaces) are emphasized. Lead times for larger packaged deliveries can be up to one year or more.
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Soluna and KULR Technology Group Announce 3.3 MW Hosting Partnership at Project Sophie
Soluna Holdings announced a hosting partnership with KULR Technology Group to operate approximately 3.3 MW of Bitcoin mining capacity at Project Sophie in Kentucky.
- Deal and implementation: Soluna will operate ~3.3 MW for KULR under a new “Bitcoin Mining Lease” structure that delivers guaranteed hashrate and uptime on daily and monthly bases; the deployment at Project Sophie is expected to commence operations in Q4 2025, and KULR will purchase, service, and manage its mining hardware over the life of the contract.
- Background and context: KULR has a Bitcoin Treasury Accumulation Strategy (committed up to 90% of its surplus cash to Bitcoin) and is expanding into Battery Backup Unit (BBU) solutions and AI hosting; a Custom Market Insights (July 2025) analysis cited in the release projects the global BBU market to grow from 29.22 billion USD in 2025 to 43.64 billion USD by 2034.
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Soluna and KULR Technology Group Announce 3.3 MW Hosting Partnership at Project Sophie
Soluna announced a hosting partnership to operate Bitcoin mining capacity for KULR at its renewable-powered Project Sophie facility.
- Main announcement: Soluna will operate approximately 3.3 MW of Bitcoin mining capacity for KULR at Project Sophie in Kentucky; the deployment is expected to commence operations in Q4 2025, and the agreement uses a “Bitcoin Mining Lease” structure under which Soluna will deliver guaranteed hashrate and uptime targets and KULR will purchase, service, and manage mining hardware over the contract life.
- Background and details: The partnership expands Soluna’s customer base beyond traditional miners and hyperscalers; KULR committed up to 90% of its surplus cash reserves to Bitcoin earlier in the year; the announcement cites a Custom Market Insights projection that the global BBU Market will grow from 29.22 billion USD in 2025 to 43.64 billion USD by 2034. The press release is an official company announcement and contains forward-looking statements.
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Soluna and KULR Technology Group Announce 3.3 MW Hosting Partnership at Project Sophie
Soluna Holdings announced a hosting partnership with KULR Technology Group to operate approximately 3.3 MW of Bitcoin mining capacity at its Project Sophie facility in Kentucky, with operations expected to commence in Q4 2025.
- Main announcement/action: Soluna will operate ~3.3 MW of Bitcoin mining capacity for KULR under a new “Bitcoin Mining Lease” that delivers guaranteed hashrate and uptime on daily and monthly bases; deployment begins Q4 2025, and KULR will leverage Soluna to purchase, service, and manage its mining hardware over the life of the contract.
- Background and additional details: KULR has a Bitcoin Treasury Accumulation Strategy committing up to 90% of surplus cash to Bitcoin; Soluna’s renewable-powered hosting model targets mining and adjacent industries (including future BBU and AI data center hosting). The announcement cites a Custom Market Insights forecast that the BBU market will grow from $29.22B (2025) to $43.64B (2034).
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Meta, Silicon Ranch partner on solar farm for South Carolina data center
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Climate Change Solutions - July 29, 2025
The Environmental and Energy Study Institute (EESI) newsletter highlights recent climate change solutions, legislative updates, and upcoming events.
- Innovative technologies such as AI-driven disaster resilience tools by U.S. National Laboratories and upgraded air filters to reduce wildfire smoke injuries are featured.
- Legislative progress includes the Hydropower Licensing Transparency Act passed by the House, the La Paz County Solar Energy and Job Creation Act advancing with job creation and solar capacity details, and the Fire Ready Nation Act advancing in the Senate to enhance wildfire forecasting.
- Upcoming briefings focus on Ohio River restoration and the intersection of AI and climate policy.
- The newsletter also provides links to recordings of the 28th annual Congressional Renewable Energy and Energy Efficiency EXPO and related policy forums.
- EESI President Daniel Bresette is quoted on energy and AI topics; contact details and social media links for EESI are provided.
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LG Energy Solutions opens LFP battery cell manufacturing plant in Michigan
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Duke Energy, GE Vernova Strike Major Gas Turbine Deal to Support Explosive Demand Growth
Duke Energy has entered a significant partnership with GE Vernova for the supply of up to 11 advanced 7HA gas turbines to support its integrated resource plans (IRPs).
- Duke Energy aims to meet rising power demand driven by growth in advanced manufacturing, data centers, and population.
- Industry-wide turbine supply shortages are leading utilities like Duke, NextEra, Entergy, and NRG to secure long-term procurement agreements and investment in manufacturing expansion.
- GE Vernova is investing $160 million in its Greenville, South Carolina facility to increase production capacity by 25%, part of a $600 million U.S. manufacturing expansion.
- Duke’s updated resource plans include combined cycle natural gas plants, battery storage, and transmission upgrades to meet 1.5-5% projected annual load growth across its service areas through 2032.
This partnership reflects a strategic focus on dispatchable natural gas generation amid high demand and supply chain constraints, aiming to accelerate clean energy infrastructure deployment.