CONCORD NE (00182) saw an increase of over 3% during the trading session. At the time of writing, the stock was up 2.53%, trading at HK$0.243, with a turnover of HK$7.7088 million.

On April 16, CONCORD NE announced that the 1,000-megawatt (1GW) capacity data center developed by the group has completed a large-scale load interconnection study and has been granted grid connection approval by the Electric Reliability Council of Texas (ERCOT). The data center will be located adjacent to one of the group's existing utility-scale solar and battery energy storage projects in Texas. This approval represents a key milestone in the group's strategy to develop sustainably powered digital infrastructure, highlighting its deep expertise in renewable energy development and its alignment with the rapidly growing global demand for artificial intelligence computing infrastructure.

Power supply has become a core bottleneck constraining the development of global AI infrastructure. The group's success in securing large-scale grid interconnection capacity in the ERCOT market, which is known for its high technical complexity, intense competition, and rigorous approval processes, demonstrates its proven execution capabilities in power project development, grid interconnection, and the delivery of large-scale facilities.