Standing Order

Vertical

Energy

The power behind the compute

Data-center demand is colliding with a grid that can't keep up — some forecasts put global data-center spend near $7 trillion by 2030. The bottleneck on AI is turning from chips to electrons.

We track the reactors, the merchant power, the fuel cycle, and the data-center power and cooling underneath the build-out.

ETNFSLRNXTPWRBWXTCCJCEGDFIXGEVNEENRGVRTVSTBEMODTLN
Sort

29 companies

Eaton Corporation plcETN
Market cap$156B
Conviction5 / 5
ElectrificationData-center power & cooling
Read profile
First Solar, Inc.FSLR
Market cap$33B
Conviction5 / 5
Solar
Read profile
Nextpower Inc.NXT
Market cap$24B
Conviction5 / 5
Solar
Read profile
Quanta Services, Inc.PWR
Market cap$107B
Conviction5 / 5
ElectrificationGrid infrastructure
Read profile
BWX Technologies, Inc.BWXT
Market cap$18B
Conviction4 / 5
Nuclear fuelSmall modular reactors
Read profile
Cameco CorporationCCJ
Market cap$49B
Conviction4 / 5
Nuclear fuel
Read profile
Constellation Energy CorporationCEG
Market cap$104B
Conviction4 / 5
Merchant power
Read profile
Dominion Energy, Inc.D
Market cap$59B
Conviction4 / 5
Data-center power & coolingGrid infrastructure
Read profile
Comfort Systems USA, Inc.FIX
Market cap$64B
Conviction4 / 5
Data-center power & cooling
Read profile
GE Vernova Inc.GEV
Market cap$260B
Conviction4 / 5
Grid infrastructureData-center power & cooling
Read profile
Centrus Energy Corp.LEU
Market cap$3.6B
Conviction4 / 5
Nuclear fuel
Read profile
NextEra Energy, Inc.NEE
Market cap$181B
Conviction4 / 5
Data-center power & coolingSolarGrid infrastructure
Read profile
NRG Energy, Inc.NRG
Market cap$28B
Conviction4 / 5
Merchant power
Read profile
Vertiv Holdings CoVRT
Market cap$121B
Conviction4 / 5
Data-center power & cooling
Read profile
Vistra Corp.VST
Market cap$54B
Conviction4 / 5
Merchant power
Read profile
Bloom Energy CorporationBE
Market cap$81B
Conviction3 / 5
Data-center power & cooling
Read profile
Enphase Energy, Inc.ENPH
Market cap$9.0B
Conviction3 / 5
Solar
Read profile
Kairos Power LLCPrivate
Market cap
Conviction3 / 5
Small modular reactors
Read profile
Modine Manufacturing CompanyMOD
Market cap$15B
Conviction3 / 5
Data-center power & cooling
Read profile
NexGen Energy Ltd.NXE
Market cap$7.7B
Conviction3 / 5
Nuclear fuel
Read profile
Oklo Inc.OKLO
Market cap$12B
Conviction3 / 5
Microreactors
Read profile
NuScale Power CorporationSMR
Market cap$4.4B
Conviction3 / 5
Small modular reactors
Read profile
TerraPower, LLCPrivate
Market cap
Conviction3 / 5
Small modular reactorsMicroreactors
Read profile
Talen Energy CorporationTLN
Market cap$18B
Conviction3 / 5
Merchant powerData-center power & cooling
Read profile
Uranium Energy Corp.UEC
Market cap$6.8B
Conviction3 / 5
Nuclear fuel
Read profile
Energy Fuels Inc.UUUU
Market cap$4.6B
Conviction3 / 5
Rare earths & magnetsNuclear fuel
Read profile
X-energy, Inc.XE
Market cap$7.4B
Conviction3 / 5
Small modular reactors
Read profile
Fermi Inc.FRMI
Market cap$4.5B
Conviction2 / 5
Data-center power & coolingMicroreactors
Read profile
Nano Nuclear Energy Inc.NNE
Market cap$1.5B
Conviction2 / 5
Microreactors
Read profile