Core Insights - EQT Corporation has signed an agreement with Homer City Redevelopment to supply natural gas for the Homer City Energy Campus, which will serve as an AI-integrated, high-performance computing data center spanning 3,200 acres [1][10] - The Homer City Energy Campus will feature a 4.4 GW gas-fired power generation facility, transforming Pennsylvania's largest former coal plant into a modern data infrastructure campus [2][10] - EQT will be the exclusive supplier of natural gas for the campus, with delivery facilitated through the Texas Eastern Transmission and Eastern Gas Transmission & Storage pipeline systems, ensuring a reliable energy supply [3][10] Natural Gas Supply Details - The natural gas supply for the project could reach up to 665,000 million British thermal units per day (MMBtu/d), highlighting the significant energy demands of data centers [4][10] - This agreement is considered one of the largest single-site gas transactions in North America, reflecting the growing energy needs of high-level computing and data storage [4][10] Infrastructure and Equipment - GE Vernova has secured a deal to supply seven 7HA.02 natural gas turbines, which are essential for the energy supply infrastructure of the data center, with deliveries expected to begin in 2026 [5]

Core Insights - GE Vernova is investing an additional $80 million in its flagship grid solutions factory in Pennsylvania to modernize the electric grid and meet growing demand, creating 250 jobs [1] - The company has announced a total of $680 million in U.S. investments since January, leading to the creation of 1,750 new jobs [3] - The demand for electricity is reaching an all-time high, significantly driven by the power needs of artificial intelligence and data centers [6][8] Investment and Job Creation - The investment in Pennsylvania includes plans to invest up to $100 million, creating 700 jobs at factories in the state [3] - GE Vernova's technology produces over half of the power in the United States and employs more than 18,000 workers across 18 manufacturing facilities [2] Infrastructure Development - GE Vernova is providing seven high-efficiency natural gas turbines to the Homer City Energy Campus, which is being transformed into a natural-gas-powered data center campus [5] - The Homer City project is expected to provide up to 4.5GW of electricity, aimed at meeting the demands of AI and high-performance computing [5][6] Electricity Demand Trends - Data center electricity consumption has tripled to 176 terawatt hours in the past decade and may double or triple again within three years [10] - The International Energy Agency projects that by 2030, the U.S. economy will consume more electricity for data processing than for manufacturing all energy-intensive goods combined [11]