Press Release

Titus Low Carbon Ventures Secures Initial 673 MW Toward Multi-Gigawatt Thermal Program for Texas Data Center Sites

FORT WORTH, Texas and ROXBURY TOWNSHIP, N.J., Sept. 11, 2025 /PRNewswire/ — Titus Low Carbon Ventures (“Titus“) and AB Energy USA, LLC (“AB Energy”), through its operating entity Gruppo AB, today announced a supply agreement (the “Agreement”) for 673 megawatts of fast‑start, natural‑gas reciprocating engine generation to anchor the initial phase of Titus’ Texas data center power park projects. The first 400 megawatts of generation will be commissioned by Q4 2027, meeting rapid power deployment objectives, with the balance of the order coming online by mid-2028.

Titus’ power‑park model co‑locates behind‑the‑meter thermal generation with utility‑scale solar, wind, battery storage and a high‑voltage grid interconnect—a configuration purpose‑built for AI and high-performance computing loads that prioritizes reliability, transient load stability, and power cost control, while meeting ESG objectives. Titus’ multitechnology approach, leveraging on‑site economic dispatch and opportunistic grid sales, reduces the price of power to the data center load by over 70% compared to the cost of grid only connected parks.

Under the agreement, AB Energy will deliver up to 202 Ecomax 33 packaged reciprocating units powered by Jenbacher J620 engines, with the parties planning additional tranches to support additional campuses and multi-gigawatt build-out over time. The containerized, modular blocks install and commission in parallel, enabling staged campus energization commencing in mid-2027. Each block features quick start, fast ramping, low heat rate power with superior emissions controls meeting stringent air standards. Designed for Island-mode operation with BESS and to operate behind-the-meter alongside Titus’ solar and wind, creating a fully redundant power envelope that shortens time-to-power, hedges spot volatility, and provides firm capacity in compliance with recent regulatory change in Texas.

“Time‑to‑power wins in this new era,” said Jeff Ferguson, President of Titus. “Partnering with Gruppo AB gives Titus a thermal generation solution that delivers firm flexible power and— when deployed at our renewable sites—a clear pathway to the cleanest, lowest power cost data center campuses in the U.S.”

“We are thrilled and very proud to have been selected by Titus as their main supplier for the realization of their cutting-edge data center power projects,” said Giuseppe Fiorella, General Manager AB North America. “Our Ecomax 33 power plants powered by Jenbacher J620 engines are built for mission-critical sites and rapid deployment. This collaboration represents one further step for the AB’s growth in the U.S., a market where we are committed to deliver reliable, sustainable, and efficient energy solutions, and where we are strengthening our presence with the upcoming opening of our new U.S. Headquarters in the Houston area”.

Titus is in discussions with potential tenants regarding the Titus data center sites, with subsequent supply tranches expected to align with multi-campus tenant commitments.

PEI Global Partners (“PEI”) is acting as the sole financial advisor to Titus, providing strategic support on capital raising initiatives.

About Titus Low Carbon Ventures
Titus is a power developer with a 7.8‑GW portfolio across ERCOT, MISO and SERC. The company develops integrated, industrial‑park‑style power campuses that co‑locate data centers with on‑site thermal and renewable generation and battery storage, supported by high‑voltage grid interconnects. Titus’ platform is built to deliver accelerated time‑to‑power and 24/7 supply for large, energy‑intensive customers.

About AB Group
Founded by Mr. Angelo Baronchelli in 1981 and headquartered in Italy (Orzinuovi, Brescia), Gruppo AB has expanded its operations globally, to now include more than 25 countries across Europe, North and South America, Asia and Australia.  

By offering a range of integrated power solutions aimed at enhancing energy efficiency and reducing environmental impact, AB Group represents the global reference for energy sustainability solutions offering flexible solutions which prioritize reliability, sustainability and speed-to-market.

Thanks to the longstanding and strategic partnership with Jenbacher (INNIO Jenbacher GmbH & Co. OG), Gruppo AB is one of the largest and most prominent global providers of power generation solutions, with 1,950+ systems and over 2,250 MW installed, and is the largest wholesale Jenbacher customer worldwide. 

In addition to CHP systems, AB Group’s products’ portfolio includes a wide range of primary technologies coupled with highly effective emissions treatment technologies, such as biogas-to-RNG upgrading, CO₂, RNG liquefaction and Regenerative thermal oxidizers.

About PEI Global Partners
PEI Global Partners Holdings LLC is an independent investment bank focused on the power, energy and infrastructure sectors, advising sponsors, developers and corporates on M&A, financings and strategic transactions. PEI conducts securities business through its wholly owned broker‑dealer PEI Global Partners LLC, regulated by FINRA and the SEC, with offices in New York City, Tampa and Hong Kong.

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SOURCE Titus Low Carbon Ventures

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