National Grid Ventures invested $1.75 billion in Joulent, a power infrastructure company.
The investment supports Joulent's multi-gigawatt power infrastructure projects for AI and industrial demand.
Joulent formalized 50% ownership in its first project, Kilby, which will support a Microsoft data center.
Key Facts
01
01 — What / Thesis
National Grid invests $1.75 billion in Joulent
02
02 — Who / Subject
National Grid, Joulent
03
03 — Where / Locus
United States
04
04 — When / Temporality
July 1, 2026
AI Verification Note
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