• AEP raised its 2026–2030 capex plan to $78B (from $72B) after signing 7 GW of new load agreements in Q1, with incremental load expected to grow to 63 GW by 2030 — Texas alone accounts for 41 GW of commitments.

• Wires lead the build: $33B of transmission, 42% of the plan, including new 765-kV lines across SPP, PJM and MISO; gas-fired generation in Indiana lands later in the five-year window.

• Equity story: ~11% annual rate-base growth and operating EPS CAGR above 9% through 2030, with $16B of cost offsets shielding existing customers over the life of the large-load contracts.

Q1 earnings release · AEP newsroom

• Meta is working with Morgan Stanley and JPMorgan on a roughly $13B mostly-debt package for its 1 GW El Paso, Texas campus — Meta boosted the El Paso commitment past $10B in March and is targeting a 2028 opening.

• The hyperscaler four — Meta, Amazon, Alphabet, Microsoft — are projected to spend $630B+ on AI infrastructure this year; the banks can fund the campus, but the binding constraints are still electrons, gas, interconnects and time.

• Ameresco and HASI formed Neogenyx Fuels at a $1.8B post-money EV — Ameresco owns 70%, HASI 30%, with HASI committing $400M ($300M into Neogenyx for growth, $100M to Ameresco for the existing book).

• ICF projects RNG demand growing from 139–153M MMBtu/y today to 612M MMBtu/y by 2030; Ameresco will consolidate the JV, so revenue is unchanged and 30% of net income lands as non-controlling interest.

• Jonah Energy, Eiger Operating and Burk Royalty closed Scout Energy Partners’ Hugoton/Panhandle package — disclosed at $1B+: ~10,500 wells, 250+ MMcfe/d of gas/NGLs/helium, ~3M net acres, 7,200+ miles of gathering and ~400,000 hp of compression.

• Funded with cash and ABS — including two issuances tied to this deal, Jonah has now done seven ABS issuances totaling $3B+ of proceeds; the merged EJ Hugoton makes Jonah the largest oil and gas producer in Kansas.

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