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VoltaGrid is considering an initial public offering or a sale to private equity firms, with potential valuations over $10 billion. The company provides gas-powered microgrids for data centers, benefiting from Oracle's $1 billion annual contract for AI infrastructure.

VoltaGrid's annual EBITDA is estimated to grow to $1.1 billion by 2028, a five-fold increase from 2024. The firm recently completed a $5 billion financing round aimed at deploying over 4 gigawatts of energy capacity. Global energy demand from data centers is projected to increase by 165% by the end of the decade.