Oil giant Chevron and Engine No. 1, an activist fund, are partnering up to build a new company that will develop scalable, reliable power solutions for the U.S.-based data centers running on U.S. natural gas. The merger, in conjunction with GE Vernova, aims to establish the first multi-gigawatt-scale co-located power plant and data center.A press release from Chevron outlines that the projects will serve co-located data centers in the U.S. Southeast, Midwest and West regions. These developments will deliver ...