#United States #Jersey City #AI Data Centers #First American Nuclear #Denham Capital

Strategic Alliance for Power Solutions

In a bold move to meet the increasing energy needs of the tech industry, Denham Capital's infrastructure business has announced a strategic partnership with First American Nuclear (FANCO). This collaboration aims to create innovative power solutions tailored for AI and hyperscale data centers, addressing the growing demand for reliable and efficient energy sources.

Innovating Energy Delivery

FANCO is renowned for its development of fast-spectrum small modular reactors (SMRs), which promise cost-effective and scalable utility power. With this partnership, Denham Capital and FANCO will deploy on-site power solutions, maximizing efficiency and flexibility while FANCO’s nuclear initiatives come online. This cooperative approach not only supports the immediate energy needs of hyperscale data centers but positions them for sustainable energy strategies in the long run.

Mike Reinboth, CEO of FANCO, stated, "When faced with a challenge, American industry gets creative and collaborative. The intense effort to meet our increasing energy needs requires aligning incentives, collapsing barriers, and accelerating innovation all at once, and that's what this partnership is all about."

The Rise of Gray Oak Power

As part of Denham's infrastructure portfolio, Gray Oak Power plays a critical role in this endeavor. Established in January 2026, Gray Oak Power provides on-site, firm power solutions, enabling data centers to bypass utility interconnection delays. Emilio Vicens, CEO of Gray Oak Power, emphasizes that the urgency to close the power gap has never been higher. “Together with Denham Capital and FANCO, we offer the most practical, immediate solution—the on-site, gas-powered generation that can be energized years ahead of traditional utility timelines.”

Meeting Growing Demand

The U.S. demand for data center power is projected to exceed 100 GW by 2028. As organizations grapple with energy bottlenecks intensified by new policy frameworks like the Ratepayer Protection Pledge, technology leaders are being urged to assume responsibility for their energy resources. Denham Capital's partnership with FANCO represents a strategic solution to this energy dilemma.

Justin DeAngelis, Partner at Denham Capital, highlights, "Denham Capital is committed to solving the energy bottleneck that threatens to slow AI growth. By pairing Gray Oak's technical execution with our capital and decades of large-scale power development experience, we are enabling tech companies to secure the reliable power they need to scale."

Future Vision

With a vision for sustainable infrastructure, Denham Capital focuses on fostering long-term partnerships with innovative companies. Their investment strategy is designed to address energy transition needs, spanning critical metals, minerals, and bespoke credit solutions.

FANCO is committed to delivering a customer-centric approach to nuclear energy, aiming to provide safe, reliable, and affordable utility-scale power. Their unique Small Modular Reactor (SMR), EAGL-1, offers a revolutionary design that eliminates 95% of long-lasting nuclear waste through a closed-fuel cycle.

Gray Oak Power is led by industry veterans, bringing over a century of experience in power generation and energy infrastructure. Their expert team is dedicated to enhancing the speed and reliability of energy delivery to data centers, ensuring that tech operators have the resources they need now and in the future.

For further information about Denham Capital and its innovative strategies in sustainable energy solutions, visit Denham Capital's website. Similarly, learn more about FANCO's game-changing power technologies at First American Nuclear's site.