Utility, data center developers want tech giant exempted from billion-dollar collateral requirements

Vantage Data Centers' Lighthouse project will span 672 acres in Port Washington, Wisconsin. Rendering from Vantage: https://vantage-dc.com/data-center-locations/north-america/port-washington-wisconsin

The developers of the Port Washington data center and the utility that powers it are asking the Public Service Commission to reopen the case that set the terms by which data centers buy power. Vantage Data Centers, Cloverleaf Infrastructure and WEC Energy Group, parent of We Energies, argued in a filing yesterday that credit and collateral requirements imposed by the PSC under its “very large cust...

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