EQT is acquiring Copia Power, which develops energy infrastructure and data center campuses in the United States.
Copia’s model combines power generation, transmission networks, and data centers, which accelerates the construction of infrastructure specifically needed for AI. EQT intends to grow the company, expedite projects, and leverage synergies with its other energy, fiber network, and data center investments.
The transaction is expected to close by the end of this year.
- Copia Power develops, owns and operates integrated large-scale energy and digital infrastructure campuses across the U.S.
- Copia works alongside utilities to help unlock new power capacity, accelerate infrastructure development, and support sustainable long-term grid reliability and ratepayer affordability
- Highly thematic investment supporting the build-out of U.S. AI infrastructure, where access to scalable, reliable power has become an increasingly critical enabler of continued data center development
- EQT will partner with Copia Power’s management team to scale the platform, accelerate priority development projects, and expand its integrated campus model across the U.S.