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Infinite Grid Capital signs LOI with NeoVolta for 1.1 GWh battery supply to power US AI infrastructure.

Market News
28 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Infinite Grid Capital (IGC) has signed a Letter of Intent (LOI) with NeoVolta to procure 1.1 GWh of battery energy storage systems from NeoVolta's new Georgia facility, set to start production in Q3 2026. The supply will support three major utility-scale projects in West Texas, Puerto Rico, and PJM territory, aimed at powering AI and data center infrastructure across the US. This deal aligns with IGC's strategy to secure domestically manufactured, FEOC-compliant batteries, reducing supply chain risks and benefiting from US domestic content incentives. The LOI is non-binding and sets the framework for future definitive agreements on pricing, delivery, and project commitments.

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