• MARA agreed to buy a 1,200-acre powered land site in Matagorda County, Texas. Its Volt Texas unit already closed on the project company, MAT 1177 LLC, on July 2 — land rights, an adjacent parcel, and a utility letter of agreement for 2,000 MW. Grid access: 1 GW by October 2027, 2 GW by April 2028.

• The $600M is a ladder of milestone payments, not a check — approvals, the land closing, power authorization, then a third-party data-center lease, at which point HIF keeps a minority stake. MARA develops with Starwood Digital Ventures; full energization takes its portfolio to ~4.8 GW including Long Ridge. The seller carries the permitting risk.

MARA press release · Form 8-K

• A DOE loan of up to $3.26B funds nearly 100 projects across roughly 2,800 miles of new, rebuilt and reconductored line — doubling carrying capacity and saving customers an estimated $685M over 30 years.

• AEP Texas has signed LOAs supporting up to 41 GW of new load through 2030 — data centers, manufacturing, Permian oil and gas. Until the wires are financed, a signed LOA is a queue entry, not a customer.

• Pembina, MSIP and Kineticor took FID on the 932-MW Greenlight plant on July 2 without naming the offtaker. On July 8, Meta broke ground on a 1-GW data center in Sturgeon County, Alberta — more than C$13B, its first in Canada, its 33rd globally.

• Meta says it will fully fund the new generation and grid infrastructure. Reuters reports the campus can scale to 1.8 GW, with Capital Power supplying 250 MW of interim capacity. Greenlight’s tolling agreement finally has a name on it.

• EQT Infrastructure VII agreed to acquire Copia, which has more than 2.6 GW in operation or construction and is developing over 9 GW of grid-connected data centers behind 25 GW of solar-and-storage and 7 GW of gas. Terms undisclosed; the FT reports $2.6B and a fivefold return.

• Copia joins EdgeConneX, Zayo, Cypress Creek and Scale in EQT’s AI-infrastructure book. Carlyle built a renewables developer. EQT is buying generation, transmission and data-center load sitting at one interconnection point.

• Three Q2 awards from Bechtel and Cheniere: liquefaction equipment for Train 7, a boil-off gas re-liquefaction unit, and fleet-wide turbine upgrades. Train 7 plus re-liquefaction add more than 6 MTPA to a facility running near 30 MTPA.

• Value undisclosed. Equipment revenue up front, lifecycle services behind it — sanctioned LNG converting into a service backlog that outlives the construction crew.

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