Goldman Backs Power for AI Data Centers [Yahoo! Finance]
Newmark Group, Inc. - Class A (NMRK)
Last newmark group, inc. - class a earnings: 2/13 08:01 am
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Source: Yahoo! Finance
Bloomberg reports Goldman is teaming up with Newmark Group ( NASDAQ:NMRK ) to raise equity and debt to finance large power campuses in Texas designed specifically for AI data centers. The projects are being developed by GridFree AI, a Montauk Capital-backed company, and the first funding round is expected to run into the hundreds of millions of dollars, with more capital to follow. Warning! GuruFocus has detected 9 Warning Signs with GS. Is GS fairly valued? Test your thesis with our free DCF calculator. The focus is on south Dallas, where GridFree plans to build modular natural gas-powered plants next to data centers so power doesn't have to travel far. Land is already secured for two of the three sites, and GridFree says electricity could start flowing in under 24 months after leases are signed. Each campus is designed to deliver about 1.5 GW of capacity. The move shows how Wall Street's AI playbook is evolving. It's no longer just about chips and servers. Power is becoming
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NMRK
News
- Newmark Arranges 1.4 Million-Square-Foot Industrial Lease with Leading Beverage Manufacturer DrinkPAKPR Newswire
- Newmark Group (NASDAQ:NMRK) had its price target raised by analysts at Keefe, Bruyette & Woods from $21.00 to $22.00. They now have an "outperform" rating on the stock.MarketBeat
- A Look At Newmark Group (NMRK) Valuation As Recent Returns Highlight Ongoing Share Price Momentum [Yahoo! Finance]Yahoo! Finance
- Newmark Arranges $203 Million Off-Market Sale of Mid-Atlantic Micro-Bay Industrial PortfolioPR Newswire
- Goldman Helps Lead Financing for 5-Gigawatt Texas AI Power Sites [Yahoo! Finance]Yahoo! Finance
NMRK
Earnings
- 10/31/25 - Beat
NMRK
Sec Filings
- 12/31/25 - Form 4
- 12/31/25 - Form 4
- 12/31/25 - Form 4
- NMRK's page on the SEC website