Why it matters
The strategic read
Adds the second Millard County behind-the-meter AI campus to the map. Joule is not framed around a named hyperscaler lease yet; the signal is entitled land, water rights, gas interconnects and generator supply being packaged as speed-to-power infrastructure for AI workloads.
Source-supported terms
What was disclosed
- 01
Joule announced the BetterGrid platform for high-density AI workloads from its fully entitled Millard County, Utah data-center campus.
- 02
The company said it closed $60M in Series B financing led by Clear Lake Investments and Foulger Pratt after a $3M Series A in 2025.
- 03
Joule said it has secured 1.7 GW of Caterpillar power-generation equipment, with first delivery scheduled for March.
- 04
The company says it controls 4,000 acres of entitled land, 10,000 acre-feet of senior water rights and direct natural-gas interconnections.
- 05
The campus page describes a 1+ GW Phase I, six facilities, liquid-cooling readiness, fiber from Lumen, Zayo, AT&T and Verizon, and Q4 2027 RFS milestones.
- 06
Joule says its behind-the-meter power platform is designed to avoid multi-year grid interconnection delays.
Disclosure boundary
What is known—and what is not
Primary company launch announcement and campus page; named hyperscaler tenant, lease value, final power plant permits, EPC contracts, equipment delivery proof, customer reservation terms, full financing documents and construction schedule are not public.