ERCOT is forecasting Texas electricity demand rising doubling to 145 GW by 2031 which is about ~10 GW per year so meeting that demand requires a lot more power at every step of the chain:
• $VST monetizes generation thats already operating and connected to the Texas grid
• $GEV supplies gas turbines needed to bring new generation online
• $BE brings power directly onsite when data centers cannot wait for grid connections
• $VRT handles power and cooling infrastructure once that electricity reaches data center
Essentially every new gigawatt creates another opportunity across generation, grid access and infrastructure inside the data center.