Moiseus Infrastructure Brief — No. 13
Every week we cut the noise to a handful of stories that matter — and add what they mean from where we sit. This is our read, not a news wire.
FERC backs PJM in dropping a 750 MW project from the interconnection study cycle
Regulators rejected Oklo’s complaint after PJM removed its 750-MW nuclear, fuel-cell and gas project in Virginia from the current cycle, finding no tariff violation — the company says the delay is at least 18 months. Five similar complaints are still pending.
The queue is now enforced exactly as written: an incomplete application costs a year and a half. Execution discipline on the paperwork is becoming as valuable as the megawatts themselves.
Amazon commits up to $8B to Generac backup generators
Generac disclosed a long-term supply agreement with roughly $2.4 billion of generator deliveries to Amazon in 2027–28 and up to $8 billion in cumulative purchases, plus a warrant giving Amazon an equity stake.
Hyperscalers are now buying the supply chain, not just the product. When backup power needs multi-year commitments, equipment slots become part of what makes a site deliverable.
The U.S. Army opens six installations to private power developers
The Army conditionally selected three developers to negotiate long-term leases for commercial generation — natural gas, battery storage, fuel cells and advanced nuclear — on six bases.
Land is quietly becoming a power-siting resource in its own right. Where acreage, permitting and a willing host line up, generation follows — the pattern matters more than who the landlord is.
AI labs keep signing gigawatts — financing them is the harder part
An IPO filing detailed up to $44.6 billion of GPU-services agreements with Anthropic, and disclosed that binding financing for the infrastructure behind them had not yet been secured.
Contracted demand is not delivered capacity. The market is starting to price the gap between a signed offtake and an energized, financed megawatt.
Four different stories, one signal: the hard part of AI infrastructure has moved from winning demand to delivering it — a clean queue position, equipment on order, land that can host generation, and financing that actually closes. That is exactly where Moiseus Capital looks.
This material is for general informational purposes only. It is market commentary and reflects our own views. It is not an offer to sell or a solicitation of an offer to buy any security, and it is not investment advice. Moiseus Capital Corp is not currently offering securities. Third-party headlines are summarized and attributed to their sources; all trademarks belong to their respective owners.