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VoltaGrid is evaluating an initial public offering and has engaged private equity firms regarding a potential sale, with a valuation exceeding $10 billion. The Houston-based startup specializes in gas-powered microgrids for data centers and has secured over $1 billion annually from Oracle for AI infrastructure support. VoltaGrid's annual earnings before interest, taxes, depreciation, and amortization are projected to reach $1.1 billion by 2028, fueled by increasing global energy demand from data centers, expected to rise by 165% by 2030.