Key facts
- SB Energy is developing a natural gas-fired power complex in Piketon, Ohio.
- The power complex will supply electricity to a large data center campus.
- SoftBank Group has an equity stake in OpenAI valued at over $60 billion.
- SoftBank controls Arm Holdings, a chip architecture licensing firm.
- SB Energy has raised over $19 billion in project capital and has a power portfolio of approximately 5 GW.
- SB Energy has three AI data centers under construction.
Residents of Piketon, Ohio, gathered in August to learn about plans to convert a former uranium enrichment plant site into a natural gas-fired power complex. This facility is intended to provide electricity directly to one of the world's largest data center campuses.
SB Energy, a subsidiary of SoftBank Group, is the integrated U.S. data center and power platform responsible for developing, constructing, and operating this critical infrastructure. The company has raised over $19 billion in project capital and manages a power portfolio of approximately 5 GW, with three AI data centers currently under construction.
This initiative is part of SoftBank Group's broader strategy, under Masayoshi Son, to build an end-to-end AI value chain. The conglomerate holds a significant stake in OpenAI, reportedly worth over $60 billion, and controls Arm Holdings, a key player in chip architecture for AI processors. SoftBank is also preparing for initial public offerings for SB Energy and its planned robotics spinout, Roze, targeting a combined valuation exceeding $150 billion, with SB Energy alone potentially valued at over $50 billion.