EQT Is Backing $2 Billion Small-Battery Push to Enable AI Data Centers
EQT's $2B distributed battery push signals industrial sites as the new fast lane for AI data center power connections.
- 01Distributed-power developer Madison Energy Infrastructure, backed by EQT Infrastructure, is deploying 1 gigawatt of four-hour battery storage at industrial and commercial sites across PJM's 13-state grid by 2028.
- 02The strategy sidesteps chronic interconnection delays by co-locating storage at existing load points—wastewater plants among them—rather than queuing for new transmission capacity.
- 03For data center operators, it represents an emerging model: lease behind-the-meter capacity rather than wait years for grid access.
EQT's $2B distributed battery push signals industrial sites as the new fast lane for AI data center power connections.
Distributed-power developer Madison Energy Infrastructure, backed by EQT Infrastructure, is deploying 1 gigawatt of four-hour battery storage at industrial and commercial sites across PJM's 13-state grid by 2028. The strategy sidesteps chronic interconnection delays by co-locating storage at existing load points—wastewater plants among them—rather than queuing for new transmission capacity. For data center operators, it represents an emerging model: lease behind-the-meter capacity rather than wait years for grid access.
Watch: whether competing infrastructure funds replicate the industrial-site battery model as PJM queue backlogs persist into 2027.
September 18, 2026 at 11:00 AM UTC Updated on September 18, 2026 at 12:48 PM UTC Takeaways by Bloomberg AISubscribe EQT Infrastructureis backing a $2 billion small-battery investment to slash power costs for industrial consumers and help data centers get connected faster to the largest US electricity grid. Madison Energy Infrastructure, the distributed-power developer owned by EQT Infrastructure, will add 1 gigawatt in power capacity by 2028, starting with PJM Interconnection LLC’s 13-state grid, Madison Chief Executive Officer Richard Walsh said in an interview.
Read the full article at bloomberg.comSeptember 18, 2026 at 11:00 AM UTC Updated on September 18, 2026 at 12:48 PM UTC Takeaways by Bloomberg AISubscribe EQT Infrastructureis backing a $2 billion small-battery investment to slash power costs for industrial consumers and help data centers get connected faster to the largest US electricity grid. Madison Energy Infrastructure, the distributed-power developer owned by EQT Infrastructure, will add 1 gigawatt in power capacity by 2028, starting with PJM Interconnection LLC’s 13-state grid, Madison Chief Executive Officer Richard Walsh said in an interview. He said the plan is to install batteries that can discharge for four hours of power at a time at industrial and commercial sites, including waste water treatment facilities.
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