Alex Robinson

Google just closed a $4.75 billion acquisition of a renewable energy developer. We're not talking about a PPA or a pledge here. Acquisition! Intersect had $15 billion of assets in operation or under construction: 2.2 GW of solar, 2.4 GWh of battery storage, and a pipeline of co-located energy parks built specifically to sit next to data centers and generate power behind the meter. Google bought the whole development machine. This is the first time a Big Tech company has acquired a major renewable energy developer outright. Every hyperscaler energy deal before this was a purchase agreement... Google decided that wasn't fast enough. The model Intersect built to co-locate the data center with the generation asset, bypass the interconnection queue entirely, and own both sides of the meter compresses the timeline from project announcement to live compute from years to months. Google's Haskell County, Texas energy park went from announcement to operational in under a year. Same day, Google also announced a new Michigan data center with 2.7 GW of new grid resources committed. Two moves with a singular thesis: stop waiting on infrastructure you don't control. TPG Rise Climate, the seller, immediately spun the remaining grid-tied assets into a new independent power producer called IPX Power. $12 billion in total enterprise value unwound and redeployed in a single transaction. The exit multiple that just printed for a clean energy infrastructure developer is going to start appearing in a lot of LP decks this week. #AI #EnergyTech #AlInfrastructure

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Camber Creek portfolio company Arcadia's Plug Intervals product shows historical energy usage in 15-minute increments, helping real estate owners understand energy costs of current and future investments at a granular level. With 60 utilities covered on the platform earlier this year, Arcadia recently expanded its reach more than 6x to 400 utilities. #energy #realestate https://lnkd.in/eiQJFEMQ

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The Tailwater Capital LLC team has been reviewing this new BloombergNEF report, and the takeaway is pretty clear: AI is putting serious pressure on the grid, and natural gas is going to be a big part of the solution. BNEF now expects U.S. data center power demand to hit 106 GW by 2035, a 36% increase from just seven months ago. The scale and speed of this shift are hard to ignore. But it’s not just more data centers. They’re also getting a lot bigger. Nearly a quarter of the new projects BNEF tracked this year are over 500 MW, more than double last year’s share. To keep up, natural gas demand from U.S. data centers is forecast to grow from 1.3 Bcf/d in 2024 to 6.8 Bcf/d by 2035. That’s nearly 5x growth in just over a decade. Data centers need real energy behind them, and that’s where natural gas has a major role to play. This is why we continue to believe in an all-of-the-above energy strategy at Tailwater. If we’re going to meet this kind of load growth while keeping power reliable and affordable, natural gas needs to stay in the mix. Full article here: https://bit.ly/4p6gF3H

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Partnering on Utility-Scale & C&I Solar Projects Across the U.S. We’re actively supporting utility-scale and commercial & industrial (C&I) solar developments nationwide—bringing bankable Tier 1 modules, inverters, racking, and energy storage systems to projects from early-stage development through procurement. Through our direct manufacturer relationships, we’re able to deliver: Competitive pricing Structured supply strategies Coordinated logistics (including DDP and warehousing) Domestic content & compliance solutions Right now, we’re looking to partner with teams on projects that haven’t yet entered procurement. Early engagement helps secure inventory, optimize pricing, and streamline the entire supply path before key equipment decisions are locked in. To evaluate or quote a project, we typically need: Project location (state & utility) Project size (MW DC/AC) Target module wattage + preferred manufacturers COD timeline Domestic‑content or compliance requirements Interconnection status Storage included or not Delivery terms (DDP, EXW, etc.) Once we have the basics, we can quickly provide pricing, availability, and the documentation needed for financing or tax credit support. If you have solar projects in development and want to explore collaboration, feel free to reach out—I’d be happy to connect. gamory@argyrioncapital.com

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Fantastic news for Skyview Ventures portfolio company, Shifted Energy, their acquisition by Resource Innovations . Congrats to Forest Frizzell Olin Kealoha Lagon and the rest of the team. This acquisition is a validation of Shifted Energy's platform and vision. Their technology, which transforms everyday devices into flexible, grid-edge power plants, will now be integrated with Resource Innovations’ scaled utility consulting and DSM capabilities. We always believed in Shifted Energy's potential to deliver scalable solutions that bridge customer programs with grid operations, and we are excited to see them reach this next level of growth and impact.

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