Utilities

Wall Street’s Momentum Machine Faces a Middle East Stress Test
It’s the kind of geopolitical flashpoint that might once have triggered a full-blown market meltdown: Israeli warplanes struck Iranian nuclear sites, Tehran vowed revenge — then followed through. Oil spiked.

NRG Expects to Line Up New US Data Center Deals This Quarter
NRG Energy Inc. is working on deals to power US data centers “all over the country” and will reveal details with second-quarter results, according to the top executive of the independent generator.

Europe’s Nuclear Ambitions Face €241 Billion Funding Challenge
The European Union’s ambition to scale up nuclear energy as part of its 2050 climate neutrality goal will cost €241 billion ($280 billion), posing funding challenges, according to a draft document.