Texas Governor Abbott directs ERCOT and PUCT to audit data center grid interconnections
Texas Governor Abbott issued a directive requiring ERCOT and the PUCT to audit every data center advancing through the Texas grid-interconnection process before allowing it to proceed, affecting AI infrastructure companies including Hut 8 and Cipher Digital which responded with statements.
Detected & updated continuously · Source: Nebula
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@RJCcapital
$HUT has been trading lower recently following earnings as the market digests Texas Gov Abbott’s directive requiring ERCOT and the PUCT to audit every data center advancing through the Texas grid-interconnection process before allowing it to move forward. The audit will examine https://t.co/gwD1sEMMEe
@McnallieM
🚨 AI Infra Names Broadly Green Today... will it hold??? 🚨 ⚡ $HUT +7.27% — leading the sector, up $6.22 to $91.89, following its Texas directive response and Q2 momentum ⚡ $CIFR +7.20% — close behind at $17.50, also fresh off its own Abbott directive statement this week ⚡ https://t.co/nRYxptxd5d