Nvidia is planning to invest several hundred million dollars in Cloverleaf Infrastructure, an energy infrastructure startup founded in February 2024. The company is targeting projects representing 10 to 15 gigawatts of peak power capacity in Wisconsin and Georgia. In July 2024, Cloverleaf had already raised approximately $300 million from private equity firms Sandbrook Capital and NGP Energy Capital Management. Nvidia has also announced plans to mobilize over $500 billion in third-party capital for its AI infrastructure.
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