Locator: 50384TEXAS.
Data points:
- west Texas, near Pecos, close to the Texas-New Mexico state line
- partners: CVX, MSFT, and Engine No. 1
- $7 billion
- 2.5 GW
- $2.8 billion / GW -- in line with LDCs -- $2 billion - $3 billion / GW
Engine No. 1: an amazing story in itself
- an American investment firm
- founded in 2020
- gained attention when it sought to replace four members of XOM's board
- despite owning 0.2% of XOM's outstanding shares
- link here;
- has $430 million under management;
- compare BRK:
- net worth, $1 trillion
- cash on hand: $380 billion
- again, Engine No. 1 -- the little engine that could -- $430 million under management
Gas turbines: GE Vernova
- 2025: new company formed when CVX and Engine No. 1 formed a partnership with GE Vernova to build a new company
- new company will develop scalable, reliable power solutions for US-based data centers running on US natural gas
Comment: Berkshire Hathaway unable or unwilling to put its $400 billion and "goodwill" to work.
