Powering the
intelligence age.
Every query, every training run and every agent resolves into a demand for electricity. We invest in the clean, firm power — renewables, storage, grid and nuclear — that AI depends on.
Power for AIInvestment Thesis
Electricity demand is entering its steepest growth curve in a generation, driven by AI data centres, electrification and reshoring. Compute runs around the clock, so the market is placing a growing premium on firm, carbon-free supply.
Focus Areas
Where we invest.
01
Nuclear & advanced reactors
Fleet life extension, uprates, SMRs and the fuel cycle.
02
Renewables & storage
Contracted solar, wind and long-duration storage paired with compute load.
03
Grid & interconnection
Transmission, substations and grid-enhancing technologies that unlock capacity.
04
Behind-the-meter power
On-site generation and microgrids co-located with data-centre campuses.
- Platform and project-level equity
- Operating, construction and late-stage development assets
- Jurisdictions with mature regulators
- Hold periods aligned to asset life
Related Strategies
All Strategies