Invenergy has partnered with a pipeline operator for infrastructure development of three new natural gas-fired power plants in Arizona. The agreement with Tallgrass supports plans to build plants in Maricopa and Yuma counties. Invenergy cites increased electricity demand in Arizona, with natural gas crucial for reliability and affordability.

The building of new gas-fired power plants is a global trend, with the U.S. experiencing a surge in gas output and planned power units. The expansion of natural gas and renewable energy resources is seen as key to lowering energy costs and maintaining a competitive edge in the global AI race.

Tallgrass and Invenergy aim to provide energy for future technology with a historical partnership in the Yuma region. Local leaders emphasize the importance of energy resiliency and infrastructure investment in supporting economic growth and meeting the needs of a growing community. Invenergy, based in Chicago, has a strong track record of developing large-scale power projects worldwide.

Read more at Yahoo Finance: Invenergy Inks Supply Deal for Three New Natural Gas-Fired Power Plants in Arizona