Emerald AI $25M Strategic Expansion Round — AI-powered grid flexibility platform for data centers
Emerald AI (CEO Varun Sivaram) raises $25M Strategic Expansion Round led by Energy Impact Partners. Conductor platform orchestrates AI workloads with onsite energy resources to deliver grid-responsive power flexibility without degrading AI performance. Partners with NVIDIA; first commercial deployment: 96 MW NVIDIA Aurora AI Factory Research Center in Manassas, VA. Also partners with AES, Constellation, Invenergy, NextEra, Vistra. Total funding $68M since founding in 16 months.
$25M
Deal Value
Grid Flexibility Software
Technology
DC
Location
Deal Details
- Deal Type
- Strategic Round
- Seller / Sponsor
- Emerald AI
- Buyer / Financier
- Energy Impact Partners (lead), Amplo, Eaton, GE Vernova, IQT, Lowercarbon Capital, NVentures (NVIDIA), Radical Ventures, Salesforce Ventures, Samsung Ventures, Siemens
- Deal Value
- $25M
- Stage
- Growth
- ISO/RTO
- PJM
- Source
- Emerald AI
Related Deals
SunZia Wind (3,515 MW) + SunZia Transmission (550-mile HVDC, 3,000 MW capacity) — largest clean energy infrastructure project in US history
Pattern Energy Group → Multiple (consortium)
$11B
Orion Solar Belt — 1.3 GW portfolio of 4 utility-scale solar projects (Orion I, Eiffel, Orion II, Orion III), Milam County, TX — 875 MWdc using 1.3M American-made First Solar modules
SB Energy Global (SoftBank / Ares Management) → J.P. Morgan, Bank of America, Morgan Stanley Renewables, Truist Bank, MUFG, Mizuho Americas, ING, SMBC, CIBC, Fifth Third Bank, Société Générale
$2.4B+
RWE's first US green bonds — two tranches of $1B each (10-year and 30-year maturities) to fund US renewable energy projects across 146 solar, onshore wind, and battery storage sites
RWE AG → Multiple (bond investors)
$2B
Bayou Galion Solar — 127 MWdc solar project, Northeast Louisiana
Recurrent Energy (Canadian Solar) → Microsoft
$160M
Portfolio of 6 recently commissioned renewable projects — 950 MW solar + 353 MW wind (1.3 GW total) across ERCOT, MISO, and SPP
ENGIE North America → J.P. Morgan, Goldman Sachs, BNP Paribas
$1B+
Serrano — 220 MWdc solar + 214 MWac / 855 MWh storage, Pinal and Pima Counties, Arizona
Longroad Energy → CIBC (lead), Societe Generale
220 MW
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.