“Even though right now we don’t have clarity yet on how this will service a data center … we know that it will be a foundational building block”
400 megawatts, $2 billion invested, and Phase 2 does not land until 2028. The stock popped 15% on an agreement whose own participants cannot say which datacenter it feeds. Geothermal that runs around the clock is genuinely useful and worth building. The reason it is finally getting funded is that AI datacenters need power nobody else will sell them.