National Grid Plc will invest $1.75 billion to acquire a 35% stake in privately held Joulent LLC, valuing the company at $5.0 billion. Joulent, partnered with Chevron (CVX.N), is developing a gas-fired power plant in Texas to serve Microsoft (MSFT.O) data-center demand; the deal expands National Grid’s U.S. footprint from the Northeast into one of the country’s most active power markets as utilities target AI-driven data-center projects.

2026-07-01

National Grid Plc will invest $1.75 billion to acquire a 35% stake in privately held Joulent LLC, valuing the company at $5.0 billion. Joulent, partnered with Chevron (CVX.N), is developing a gas-fired power plant in Texas to serve Microsoft (MSFT.O) data-center demand; the deal expands National Grid’s U.S. footprint from the Northeast into one of the country’s most active power markets as utilities target AI-driven data-center projects.

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2026-07-01

U.S. Vice President Vance said the United States seeks sustainable, verifiable commitments, secured by on-site inspections, aimed at ensuring Iran's complete denuclearization.

2026-06-30

June 30 — China foreign minister Wang Yi met Saudi foreign minister Faisal in Beijing. Wang welcomed the start of US–Iran talks, called the current ceasefire fragile and urged preservation and implementation of the memorandum of understanding, continued negotiation momentum and efforts to overcome disruptions to secure a comprehensive agreement acceptable to both the US and Iran, regional states and the international community. China said it will work with Saudi Arabia to help de‑escalate tensio