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UK's National Grid to invest $1.75 billion in US-based Joulent

UK's National Grid to invest $1.75 billion in US-based Joulent

- Britain's National Grid NG.L said on Wednesday it would invest $1.75 billion for a 35% stake in Joulent, a U.S. energy platform developing power infrastructure for data centres, betting on the booming AI-driven power market.


(Reporting by DhanushVignesh Babu in Bengaluru; Editing by Jonathan Ananda)

((DhanushVignesh.Babu@thomsonreuters.com))

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