EQT agrees to acquire Copia Power from Carlyle

  • EQT agreed to buy Copia Power from Carlyle, adding an integrated power and AI infrastructure platform focused on grid-connected energy campuses.
  • Copia has more than 2.6 GW of generation and storage operating or under construction.
  • Development pipeline includes more than 9 GW of grid-connected data centers backed by over 25 GW of solar and storage plus 7 GW of natural gas generation.
  • Deal targets the power constraint facing data center expansion by pairing generation, transmission, and large-load interconnection at a single site.
  • Closing is expected by end-2026, subject to customary conditions and approvals.


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