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Technical details from the report:

The Split: Alphabet is acquiring only the future development pipeline and employees; existing assets remain with original investors.

The Infrastructure: Includes a Texas data center co-located with a solar farm and 1.3 gigawatt-hours of battery storage to bypass public utility bottlenecks.

The Goal: 'Unlock abundant, reliable, affordable energy supply' for AI data centers without passing costs to grid customers.


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