Energy and power

fuel cells that power a site without the grid

Revenue of $1.065B in Q2 2026 (quarter to 30 June 2026)

small nuclear reactor developer

Q2 2026 revenue of $1.2M, mostly from recent acquisitions

gas turbines and grid equipment

$176B order backlog. Data centre orders over $5B in the first half of 2026

Makes gas turbines, grid equipment and transformers that power data centres and utilities.

Q3 FY2026 revenue of about EUR 11.4B (quarter to 30 June 2026)

Makes large generator sets and turbines that run data centres when the grid is not enough.

Record sales of $20.5B in Q2 2026 (quarter to 30 June 2026)

nuclear operator

Revenue of $7.5B in Q2 2026 (quarter to 30 June 2026)

Designs small modular nuclear reactors, with a partner pursuing a large plan with the US Tennessee Valley Authority.

Q2 2026 revenue of about $0.1M (reported)

Owns nuclear and gas power plants and sells power to large buyers, including data centres.

Adjusted EBITDA of $374M in Q2 2026 (quarter to 30 June 2026)

gas exporter building power plants at its terminals to sell to data centres

Plan could power up to 10 GW of computing (WSJ, Oct 2026)

Owns large gas and nuclear power plants and sells the electricity under long contracts.

Ongoing operations adjusted EBITDA of $1.77B in Q2 2026 (quarter to 30 June 2026)

Sells electricity to homes and businesses and is building power plants to serve data centres.

Adjusted EBITDA of $1.22B in Q2 2026, up from $909M a year earlier

software that throttles AI workloads when the grid is stressed

$150M at a $1.05B valuation (Aug 2026). Nvidia, Siemens and GE Vernova invested

builds data centres next to its own power

Bought by Alphabet for $4.75B (closed Mar 2026)

Makes switchgear, transformers and power distribution equipment that sit between the grid and the server hall.

Record revenue of $8.5B in Q2 2026 (quarter to 30 June 2026)

Makes grid equipment and gas turbines, and its electrification arm supplies transformers and switchgear.

$176B order backlog. Data centre orders over $5B in the first half of 2026

Builds the transmission lines, substations and power connections that bring new electricity to data centres.

Revenue of about $9.6B in Q2 2026 (quarter to 30 June 2026)

Makes power, cooling and control equipment for data centres and grids.

H1 2026 revenue of EUR 21.2B (six months to June 2026)

Makes grid equipment, transformers and gas turbines used to connect and power data centres.

Q3 FY2026 revenue of about EUR 11.4B (quarter to 30 June 2026)

solid-state transformers, faster to make than the old iron kind

$140M Series B led by a16z and Breakthrough Energy (Feb 2026)

shows developers where the grid has spare capacity

Reportedly profitable with 100+ developer customers

automated the engineering studies for connection requests

Bought by Enverus (Mar 2025), which Blackstone is buying

Makes power cables and optical fibre cables that link new power plants and data centres.

Q2 2026 revenue of EUR 6.02B (quarter to 30 June 2026)

Power grid unit of Hitachi that makes large transformers, which are a key bottleneck for new connections.

US factory investment of about $1.5B across new plants (2025 to 2026 announcements)