Nvidia takes minority stake in power firm Cloverleaf to fuel AI data centres
What's the deal? Nvidia has made a minority investment in Cloverleaf InfrastructureDealroom has a profile for this one. Try Dealroom →, a data centre power company, the chipmaker announced in August 2026. Terms weren't disclosed, but Nvidia is expected to invest several hundred million dollars, according to The Wall Street Journal .
What does Cloverleaf do? Founded in 2024, it signs power agreements with utilities so developers can build on land with reliable power access — a growing challenge in recent years. It has sold projects totalling more than 7 gigawatts of power to developers and launched with $300M in commitments from Sandbrook CapitalDealroom has a profile for this one. Try Dealroom → and NGP Energy CapitalDealroom has a profile for this one. Try Dealroom →.
What changes? The partnership lets Cloverleaf use Nvidia DSX, a platform for designing and optimising AI data centres across site, power, cooling, computing, and facility decisions.
Why now? Nvidia is the leading chip supplier for data centres, and the AI boom has made it the world's most valuable company, with a $5T market cap. Since August 2025, it has expanded into other parts of the industry to help bring more data centres online.
The signal: The move fits a pattern of Nvidia backing the physical build-out behind AI. In May 2026, it teamed with CorningDealroom has a profile for this one. Try Dealroom → to build three US plants in Texas and North Carolina, and in August 2026 it struck agreements with Apollo, BlackRock, Blackstone, BrookfieldDealroom has a profile for this one. Try Dealroom →, Goldman SachsDealroom has a profile for this one. Try Dealroom →, and KKR to pour at least $500B into AI infrastructure. Power, not just chips, is becoming the constraint the industry is racing to solve.
Read more: Bisnow
Image credit: Generated with Gemini
