Key Investor TakeawaysSenmiao Technology (NASDAQ:AIHS) signed a non-binding letter of intent for a staged $5 million investment in Energence Utah, marking a proposed step in its shift toward digital infrastructure. The Energence Utah partnership targets 100 MW of firm capacity by Year 2, increasing to 700 MW by Year 4 and potentially 1.2 GW by Year 6. The planned 5,046-acre Utah campus includes a 475-acre data campus designed to support up to 1 GW of data center development, alongside generation, storage and industrial infrastructure. The current development schedule calls for 100 MW of firm capacity by Year 2 using planned gas generation, solar photovoltaic generation and battery storage. According to the release, Elio has approximately 3.5 GW in active development, comprising roughly 1.5 GW of generation and 2.0 GW of planned storage capacity targeted through 2029.