October 7, 2026
Mapping twelve weeks of project slippage (mid-July to October 6) onto GEV, VRT, MOD, TLN and peers, and asking whether any of it reaches 2026 guidance Set-Up. Since the Q2-2026 reports, the news on data…
October 1, 2026
We spent two days at Caesars Forum with roughly 6,000 people who build, finance, power, and cool AI data centers. We went in with four worries: politics, the grid, the AI safety debate, and speculation…
September 24, 2026
Semantics matter here. Bloomberg reported this morning that Oracle (ORCL) served Blue Owl (OWL), developer of Project Jupiter in Doña Ana County, NM, with a force majeure notice designed to defer lease payments should the…
September 23, 2026
The buildout is still physically tight. The money behind it is not. After three months of dead money, the signal has moved from the order book to the capital stack. What happened. SB Energy, SoftBank’s…
September 23, 2026
Two of the largest U.S. data center markets now have the brakes on at the same time. The market is reading it as a zoning story. Could it become an equipment story? What happened. Texas…
September 17, 2026
Siemens Energy at Laguna: delivery slots, capacity discipline, the service tail nobody was asking about, and why a rocket company wants to make turbine vanes. Notes from the session, which GLJ was privileged to join…
September 16, 2026
A resale market for gas-turbine delivery slots has opened. The first price tells us the line is real. The sellers tell us how the “night is going to go”. Bottom Line Someone just sold their…