@WHOOP Just sent me a notification complimenting the 57 minute activity that put me in a high stress zone.
The activity? Frantically looking for my car keys so I could start my work travel for the weekend…😂
#WhateverItTakes
Today, Treasury’s Office of Foreign Assets Control is designating a network of individuals, entities, and vessels responsible for shipping hundreds of millions of dollars’ worth of Iranian-origin liquid petroleum gas⸺intentionally disguised as Omani LPG⸺to end users in South and East Asia.
This map is why NextEra paid $66.8 billion.
The combined entity covers Florida, Virginia, North Carolina, and South Carolina.
→ 10 million customer accounts
→ 110 GW of generation capacity
→ 130 GW of large-load opportunities in the pipeline
→ >80% regulated earnings
That last number is the whole thesis.
Regulated earnings backed by long-term contracts. Predictable cash flows.
AI-linked demand locked in for decades.
Virginia is the crown jewel.
Northern Virginia's Data Center Alley the world's largest concentration of data centers sits inside Dominion's service territory.
Google, Amazon, Microsoft, Meta, CoreWeave are already customers.
The 130 GW of large load pipeline isn't a forecast.
It's signed letters of intent from hyperscalers who need power and have nowhere else to go.
NextEra brings Florida: 12 million people, one of the fastest-growing states in the US, and a utility already partnered with Google on nuclear restarts.
Dominion brings the data center corridor stretching from Virginia through the Carolinas.
Together they control the power infrastructure for the most electricity-intensive stretch of the US East Coast.
Another data point for the trade I covered my latest article, the link for it is in the below comments👇
$IREN energized its 1.4 GW Sweetwater 1 data center site in Texas after connecting the substation to the ERCOT grid.
Power will ramp as new data centers come online by turning its 2 GW Sweetwater campus into another large-scale AI infrastructure campus.