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<\/a><\/a>\n\"Leadership in the AI era will be determined by who can deliver energy and compute the fastest, most reliably, and at the lowest cost,\u201d said Chris James, Founder and CEO of Engine No. 1 and Joulent. \"By building new power generating facilities, Joulent enables customers across industries to power the next chapter of American innovation \u2013 while reducing pressure on existing grids and maintaining affordability for ratepayers.\u201d<\/p>
\nAs Joulent's first power project, Engine No. 1 and Chevron have been collaborating on a natural-gas power facility project in West Texas known as Project Kilby (\"Kilby\"). Kilby will be co-located with a Microsoft-operated data center and is expected to deliver approximately 2.67 gigawatts of capacity under a 20-year power purchase agreement between Energy Forge One LLC, a wholly owned Chevron subsidiary, and Microsoft Corporation. Kilby is designed to deliver reliable electricity for hyperscale AI workloads while aiming to mitigate impacts on the regional grid relied on by consumers.<\/p>
\n\u201cMicrosoft has taken a huge step to address current demand for more compute without impacting power prices in the community in which they will be operating,\u201d said James.<\/p>
\n\u201cAI and cloud are advancing at a pace that requires a new level of coordination between energy and infrastructure,\u201d said Noelle Walsh, Microsoft President of Cloud Operations + Innovation. \u201cWorking with Joulent allows us to align long-term power with our growing capacity needs, helping ensure we can continue delivering reliable, high-performance compute at scale. We\u2019re also pleased to deepen our presence in the region and support the local community as part of that growth.\u201d<\/p>
\nJoulent\u2019s \u201cAcross-the-Meter\u2122\u201d solution builds large-scale new power that is co-located with customer demand while eventually connecting to the grid. This approach gives the ability to scale quickly to multi-gigawatt campuses and over time, exportable capacity from Joulent projects is expected to enable capacity expansion for local power markets. The model also provides a foundation for future expansions through renewable energy sources, beginning with solar, creating additional pathways to add clean generation capacity over time.<\/p>
\nJoulent was founded by Engine No. 1, and collaborates closely with GE Vernova to leverage their full expertise, equipment, and operational infrastructure.<\/p>
\nAbout Joulent<\/span><\/b><\/p> \nJoulent is a technology-driven energy company purpose-built to deliver reliable, multi-gigawatt energy at the speed and scale required to build the compute for artificial intelligence and other compute-intensive industries. Joulent develops and delivers firm, baseload power solutions engineered to meet the unique demands of advanced computing while minimizing impacts on existing power grids. Its modular, Across-the-Meter\u2122 approach integrates generation, storage, and advanced controls to deliver scalable power directly to new industrial loads, while reducing strain on existing grids and providing exportable power over time.<\/p> \nWith an initial multi-gigawatt development portfolio and strategic partnerships across the energy, infrastructure, and data center ecosystem, Joulent is helping remove power constraints to enable the next chapter of American innovation and U.S. reindustrialization in the AI era.<\/p> \nFor more information about Joulent, visit www.joulent.com<\/a> or www.linkedin.com\/company\/joulentofficial<\/a>.<\/p> \nAbout Engine No. 1<\/span><\/b><\/p> \nEngine No. 1 is holding company that builds and invests in companies powering innovation and advancing the reindustrialization of the United States. Engine No. 1 seeks to identify and scale businesses that address structural needs in the economy, including expanding domestic energy capacity, supporting next-generation infrastructure and enabling the industrial systems required for long-term growth.<\/p>