BKV's Power Surge: AI Data Centers' New Partner
Update: 2025-12-05
Description
BKV, an energy company, has seen a significant stock surge since going public, boosting its market value to $2.5 billion. The company is close to finalizing a major deal to supply power to an AI data center campus. BKV, founded a decade ago, shifted its focus to power generation, acquiring two plants in Texas that now generate 1.5 gigawatts of electricity. The companys advanced carbon capture program and ability to provide power on short notice make it an attractive partner for tech companies in a power-hungry market.
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