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The Build AgendaThe Wrap

PJM clears 2.1 GW as RWE adds EUR 3.6bn to its Amprion stake

Both PJM projects are expected online by mid-2029, after the expedited track that cleared them lapses at the end of 2027.

At a glance

20-second brief
  • PJM approved 2.1 GW of battery storage from Engie and a gas uprate from LS Power.

  • RWE is paying EUR 3.6bn to increase its stake in Amprion, a grid business, as Renewables Now reported on June 23, 2026.

  • The Department of Energy has offered Vistra a $4.2 billion conditional loan for 433 MW of nuclear uprates tied to a 2.6 GW agreement with Meta.

PJM approved 2.1 GW of battery storage from Engie and a gas uprate from LS Power. Both projects are expected online by mid-2029 under an expedited interconnection track that expires at the end of 2027. The LS Power uprate appears to add capacity at a plant that already holds a connection.

RWE is paying EUR 3.6bn to increase its stake in Amprion, a grid business, as Renewables Now reported on June 23, 2026.

The Department of Energy has offered Vistra a $4.2 billion conditional loan for 433 MW of nuclear uprates tied to a 2.6 GW agreement with Meta. The commitment, which would preserve roughly 4 GW of PJM nuclear, is awaiting technical, legal, environmental and financial reviews, so nothing has been drawn.

Bain projects data centers will absorb $5tn to $6.5tn through 2030, with power availability, electrical labor and local opposition as the near-term constraints rather than capital.

Tutor Perini's Fisk Electric has been selected for electrical work on a Houston data center, with construction expected to begin this year and substantial completion in the first quarter of 2027, Construction Dive reported.

Infrastructure Investor reported Brookfield is raising a $1bn mid-market infrastructure fund, a size that points at smaller tickets than the mega-deals that dominate the asset class.

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Sources & further reading
Renewables Now · Construction Dive · Infrastructure Investor · our deal log
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