Thu, May 14

NEWS: Gridcare raises an oversubscribed $64-million Series A

Gridcare just raised $64M for the speed-to-power race. (Latitude Media)

  • Gridcare maps underused grid capacity via sources like weather data and interconnection queues, helping data center developers pick sites based on (actually) available power.

  • Case in point: In Portland General Electric territory, Gridcare helped unlock new interconnection agreements for five data centers totaling 80 MW this year. Now it says it’s working on 2+ GW of AI compute capacity across over a dozen markets.

  • Another major money move: Clean energy developer and operator Sunraycer Renewables has raised $900M for solar and battery projects in Texas, which are set to come online this year and in 2027.

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