Reported about 24 hours ago
The Williams Companies, Inc. (WMB) has announced a $3.1 billion investment aimed at boosting its power generation capabilities, anticipating rising energy demands driven by the rapid expansion of artificial intelligence. The investment will increase the total funding for power innovations to $5 billion and raise the company's capital spending plan for 2025. The transaction is expected to be finalized by mid-2027.
Source: YAHOO