Eos Energy Enterprises shares surged 15.5% in morning trading on Wednesday after announcing a partnership with TURBINE-X Energy to jointly develop private power infrastructure for AI data centers and mission-critical facilities on accelerated timelines.
Under the joint development agreement, TURBINE-X will target up to 2 GWh of Eos Energy storage systems across a defined project pipeline over the next three years, with initial deployments targeted for 2027.
Eos Energy said the current pipeline includes multiple large-scale projects in active development, each designed to support multi-hundred-MW deployments per site, with additional opportunities under evaluation.
"This partnership establishes a new model for private power infrastructure, purpose-built for AI," Eos Energy SVP of Technical Sales & Commercial Operations Justin Vagnozzi said. "TURBINE-X brings proven execution capability in gas-fired generation, and our Indensity architecture delivers more energy in less space with the response speed these environments require."