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Stock impact report

Goldman Helps Lead Financing for 5-Gigawatt Texas AI Power Sites [Yahoo! Finance]

Newmark Group, Inc. - Class A (NMRK) 
Last newmark group, inc. - class a earnings: 2/13 08:01 am Check Earnings Report
US:NASDAQ Investor Relations: ir.bgcpartners.com/investors/default.aspx
Company Research Source: Yahoo! Finance
The New York banking giant is working with real estate advisory Newmark Group Inc. to raise both equity and credit for the project building modular natural gas-fired generation serving a cluster of south Dallas data centers, according to developer GridFree AI. Newmark has also been tapped as the exclusive marketer and advisor for the data hub, called South Dallas One. Most Read from Bloomberg London's Love of Wood-Burning Stoves Sparks a Pollution Debate The aim in this initial round is to raise “hundreds of millions of dollars” with more rounds as the first project is scaled up, according to Philip Krim, chief executive officer of Montauk Capital, which incubated GridFree AI. Goldman declined to comment. The US power system, which is based on Thomas Edison's 19th century grid, is struggling to meet the electricity needs of the modern economy. Aging infrastructure is being strained by extreme weather and unprecedented demand growth. Consumers are faced with a double whammy Show less Read more
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