PARIS, May 13 (Reuters) - French utility Engie
said on Tuesday it had signed a deal to supply up to
300 megawatts of wind power to U.S. data center company Cipher
Mining Inc. ( CIFR )
The so-called power purchase agreement allows the co-located
data center to use electricity during periods of excess
generation, while enhancing grid stability and reliability, the
utility said.
A co-located data center is a project where equipment,
space, and bandwidth are available for rental to retail
customers.