Finance · Energy
SAN FRANCISCO, Sept. 23, 2026 -- On September 17, 2026, investors in Fluence Energy, Inc. (NASDAQ: FLNC) saw the price of their shares slide $1.39 (-15%) after the company held a business update call revealing more significant problems with its supply chain facility in...
Sep 23 · 17:47·PR Newswire
Food & drink · Logistics
More than 20 rugged terminals help keep materials moving during daily brewery operations and peak periods such as Oktoberfest. CHARLOTTE, N.C., Sept. 23, 2026 -- When beer service is running at full capacity during Munich's Oktoberfest, logistics operations cannot afford to...
Sep 23 · 15:00·PR Newswire
AI · SaaS
ANTWERPEN, BELGIUM, Sept 23, 2026 - OMP and PwC have formed an alliance to bring unified, faster supply chain decisions to process manufacturers in life sciences, consumer goods, and chemicals. Planning in these industries runs on campaign production, long lead times, and regulatory requirements, all surfacing "too late to act on" when planning sits in separate systems. The alliance combines Unison Planning™, OMP's AI-enabled planning platform with built-in industry expertise, and PwC's implementation services.
German specialty pharmaceutical company medac is already live under the alliance, with its planners working on a single demand plan in Unison Planning™. PwC and medac will present the project on October 15, 2026, at the OMP Conference in Singapore, detailing the approach behind the rollout and what it means for planning in pharma.
Combining innovation, industry knowledge, and integration
OMP and PwC run each implementation as a single program. OMP brings Unison Planning™, its AI-enabled platform with built-in industry expertise, connecting to the systems that a manufacturer already runs. PwC's teams lead the implementation, acting as system integrator and working directly alongside the customer's own planners.
Both organizations see the same shift across life sciences, consumer goods, and chemicals: manufacturers replacing fragmented planning with a unified end-to-end plan, and looking for a platform and an implementation team that already know their industry.
"Process manufacturers face the same planning constraints, whatever their size, and few have spare program capacity to absorb an implementation. That is where the combination of the platform, the industry knowledge, and an integrator who can run the program matters most," said Dieter Sleeuwaert, Senior Vice President Global Alliances at OMP.
medac moves from spreadsheets to a single demand plan
medac supplies specialty treatments in rheumatology, urology, hematology, and oncology to more than 90 countries, manufacturing at its own European sites. Its planning ran on a mix of spreadsheets, planning functions within its existing ERP system, and a separate tool with limited planning capability. Processes also differed by department and by geography.
PwC, medac and OMP started with a focused demand planning release, resulting in an accelerated go-live for German planners ahead of the wider rollout. The remaining geographies, a supply planning layer, and a second release running in parallel with medac's SAP S/4 implementation will follow.
"Leading with the demand planning release and holding the solution close to standard is what made it work. That approach transfers to other companies in the sector," said Jörg Zietz, Director, Supply Chain Planning at PwC Germany.
PwC and medac on stage in Singapore
Dr. Karsten Gentner, Vice President Supply Chain Management and Procurement at medac, and Jörg Zietz of PwC Germany will explain how medac is building the digital backbone for a smarter, more resilient, and AI-ready pharmaceutical supply chain. Their session takes place on October 15, 2026 at the OMP Conference in Singapore. Register for the event.
About PwC
At PwC, we help clients build trust and reinvent so they can turn complexity into a competitive advantage. We're a tech-forward, people-empowered network with more than 364,000 people in 136 countries and 137 territories. Across audit and assurance, tax and legal, deals and consulting, we help clients build, accelerate, and sustain momentum.
About medac
The medac Group is committed to improving patients' quality of life worldwide by providing access to the best possible medical therapies. As a globally operating pharmaceutical company headquartered in Germany, we are active in more than 90 countries and employ over 2,000 people worldwide. With production sites in Europe and a focus on rheumatology, urology, hematology, and oncology, medac develops and markets high-quality originator products, generics, and biosimilars.
About OMP
OMP helps companies facing complex planning challenges to excel, grow, and thrive by offering the best digitized supply chain planning solution on the market. Hundreds of customers in a wide range of industries - spanning consumer goods, life sciences, chemicals, metals, paper, packaging, plastics, tires, and building products - benefit from using OMP's unique Unison Planning™.
Solution and product inquiries
Contact OMP
+32 3 650 22 11
Media inquiries
Kira Perdue (Carabiner)
SOURCE: OMP
Sep 23 · 13:50·ACN Newswire
Energy · Automotive
EV adoption, tighter regulations and material scarcity are driving battery recycling, creating opportunities in advanced recovery, automation, closed-loop partnerships and second-life storage.
EV adoption, tighter regulations and material scarcity are driving battery recycling, creating opportunities in advanced recovery, automation, closed-loop partnerships and second-life storage.
Sep 23 · 09:06·GlobeNewswire
Media · Logistics
+++ Holistic sustainability approach extended to other BMW 3 Series drive train variants +++ Supply chain, high secondary material content and short distances within Bavarian production cluster help reduce CO₂e footprint +++ BMW Group sites in Dingolfing, Landshut, Irlbach-Straßkirchen and Munich combine specialisation with short distances +++
Sep 23 · 07:00·BMW Group
Logistics
Configurations for standard parcels, high-throughput operations, complex items and future expansion BEIJING, Sept. 23, 2026 -- Beijing Tegene Robots Co., Ltd. (Tegene Robot) has introduced a 3D Sorter portfolio for warehouse and parcel operations. The portfolio covers...
Sep 23 · 05:08·PR Newswire
Finance · SaaS
HONG KONG, Sept 23, 2026 - Cheche Group Inc. (Nasdaq: CCG) is looking beyond its core mobility business as it explores residential energy storage under a broader “Green Mobility + Green Energy” strategy.
The company recently announced a proposed strategic investment in Long Way Fortune, a residential solar-and-storage business operating in Australia and Singapore. EnergyLIB is the residential energy brand associated with the business, according to company materials.
For EnergyLIB, the focus is on a part of the storage market where hardware is only one piece of the equation. Its model combines residential battery systems with local distribution, installation support and after-sales service, with energy-management services planned as an additional layer.
The business is focused on the household market. Its product portfolio includes modular battery systems and hybrid inverters designed for both retrofits to existing rooftop solar systems and new solar-plus-storage installations, with capacity that can be expanded over time.
The product lineup emphasizes modular construction, simpler installation, quieter operation and clear user interfaces. Safety functions include cell-level monitoring, pack-level fault isolation and system-level protection, although specifications vary by product, installation conditions and applicable testing.
The more important part of EnergyLIB’s strategy may be what happens after the equipment is sold. The business plans to expand into five countries during 2027, supported by local warehousing, sales and after-sales operations, as well as partnerships with distributors, installers and retailers.
That local infrastructure matters in residential storage because installers and homeowners depend on more than product availability. Installation support, access to replacement parts and ongoing servicing can shape both the customer experience and installer confidence.
EnergyLIB is also working on standardized commissioning procedures and equipment service records, while using feedback from installation and service teams to inform product improvements.
The next phase is aimed at energy management.
EnergyLIB is developing functions that would combine household electricity consumption, solar generation, weather, tariff information and battery operating data. The aim is to manage trade-offs between electricity costs, backup requirements and battery usage according to household preferences.
For Cheche, the proposed investment points to a possible expansion from mobility into a broader household-energy ecosystem spanning storage hardware, local service and energy management.
For now, the strategic link is broader: residential storage sits alongside mobility within Cheche’s “Green Mobility + Green Energy” strategy, while any specific integration remains to be developed.
Sep 23 · 02:46·ACN Newswire
Finance · Energy
CHARLOTTE, N.C., Sept. 22, 2026 -- via IBN – Greenland Mines Ltd (Nasdaq: GRML) (“Greenland Mines” or the “Company”) today applauded the formal signing at the United Nations General Assembly of the new security agreement among the United States, the Kingdom of Denmark and Greenland. The signing formalizes the framework announced Friday and marks a significant milestone in strengthening long-term Arctic and North Atlantic security while underscoring Greenland’s growing strategic importance to the United States and the Western alliance.
“Today’s signing moves Greenland’s strategic importance from concept to action,” said Bo Møller Stensgaard, President of Greenland Mines. “Security is not only about military access and infrastructure; it is also about the supply chains behind modern defense, energy and advanced technology. Responsible development of Greenland’s rare earths and critical metals is security in the making. At Sarfartoq and Skaergaard, we believe Greenland Mines can be part of that solution—turning Greenlandic resources into secure, allied supply for the United States, Europe and the broader Western alliance.”
Stensgaard was interviewed Tuesday morning from the deck of the Argus at Skaergaard by mining- and critical-minerals-focused InvestorNews regarding Greenland Mines and Greenland’s growing role at the intersection of security and critical-minerals supply. Investors can watch the full interview here: https://youtu.be/W8yOAWAFlVc
Public reporting on the agreement has highlighted provisions designed to prevent U.S. adversaries from establishing military positions in Greenland or making sensitive investments in strategically important sectors, including critical minerals. Greenland Mines is positioned at the intersection of these priorities through Sarfartoq, whose Initial Assessment includes a high-case pre-tax NPV of approximately $2.05 billion and planned annual NdPr oxide production equal to approximately 34% of all NdPr oxide currently refined outside China at 2025 consumption levels, and Skaergaard, a large-scale palladium-platinum-gold and vanadium-bearing mineral system. Together, the projects support the Company’s broader North Atlantic Critical Metals Corridor vision linking Greenland resources with allied downstream processing and industrial infrastructure.
Sep 22 · 16:00·GlobeNewswire
AI · SaaS
Expansion demonstrates the portability of Cloudastructure's AI-powered security platform across large enterprise real estate portfolios
Expansion demonstrates the portability of Cloudastructure's AI-powered security platform across large enterprise real estate portfolios
Sep 22 · 13:30·GlobeNewswire
Energy · Fashion & luxury
We’ve been saying for a while now that the fastest way to cut greenhouse gas emissions in our supply chain is by working alongside our suppliers, other brands and cross-industry partners. This week, we put that belief into action. At New York Climate Week, we joined forces with Marks & Spencer and Schneider Electric’s SE…
The post Powering Fashion’s Renewable Energy Future appeared first on Levi Strauss & Co.
Sep 22 · 12:00·Levi Strauss & Co.
Finance · Energy
BRISBANE, AUS, Sept 22, 2026 - Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce that it has entered into a subscription agreement (the "Agreement") with a private investor (the "Subscriber"), pursuant to which the Subscriber has agreed to subscribe for 6,465,336 ordinary shares ("Ordinary Shares") of the Company at a price of CA$2.15 per Ordinary Share for total gross proceeds to the Company of approximately US$10,000,000 (the "Private Placement"), subject to the approval of the TSX Venture Exchange (the "Exchange").
Private Placement Details
The Private Placement remains subject to the approval of the Exchange. The Company intends to use the net proceeds of the Private Placement for scale-up of graphene production and liquid graphene production capacity, scale-up of battery cell production capacity, commercialisation of liquid graphene products, working capital and general corporate purposes.
The Private Placement is expected to close on or about September 23, 2026 (the "Closing Date"), or such other date(s) as the Company and the Subscriber may agree, subject to the receipt of all required regulatory and Exchange approvals. The Company will issue a further news release confirming the material details of the Private Placement upon closing, as required by TSXV Policy 4.1.
No finder's fees or commissions are payable in connection with the Private Placement.
The securities described above will be issued in a private placement pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the "Securities Act"), and Regulation D promulgated thereunder, and will not been registered under the Securities Act or applicable securities laws of any state of the United States. Accordingly, the securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable securities laws of any state of the United States. The Ordinary Shares issued under the Private Placement will also be subject to on-sale restrictions in Australia for a period of 12 months from the date of issue.
This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in this offering, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or other jurisdiction.
Craig Nicol, Chief Executive Officer and Managing Director of the Company, commented: "We are very pleased to welcome this US$10 million investment which further validates our products and business model and allows for significant production expansion to allow for expected sales in the near term of liquid graphene products and progress our next generation graphene battery."
Jack Perkowski, Non-Executive Chairman and Director of the Company, commented: "This investment will allow for the continued execution of GMG's global growth strategy. Securing a significant capital commitment is a strong vote of confidence in our technology and our team. North America remains a key market for GMG, and this additional investment positions us well to scale production and drive long-term adoption of our graphene-enhanced products across the region."
About GMG
GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.
The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.
In the energy storage segment, GMG are working with financial support from the Australian Government to progress R&D and commercialization of graphene ion batteries. GMG has also developed a graphene additive slurry that is aimed at improving the performance of lithium-ion batteries.
GMG's 4 critical business objectives are:
Produce Graphene and improve/scale cell production processes
Build Revenue from Energy Savings Products
Develop Next-Generation Battery
Develop Supply Chain, Partners & Project Execution Capability
For further information please contact:
Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-Looking Statements
This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian and U.S. securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "believes" "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation statements regarding the expected size and terms of the Private Placement, the anticipated timing of closing the Private Placement, the ability of the Company to satisfy all conditions to closing the Private Placement, the expected use of proceeds from the Private Placement, GMG's intentions to develop commercial scale-up capabilities, GMG's focus in the energy savings segment, GMG's intentions for the use of graphene lubricant additive on saving liquid fuels, expectations for R&D and commercialisation of Graphene Batteries, GMG's ability to improve the performance of lithium-ion batteries, the Company's technology, partnerships and commercial prospects, and the Company's four critical business objectives.
Such forward-looking statements are based on a number of assumptions of management including, without limitation, expectations and assumptions concerning the business objectives of the Company; the Company's ability to carry out current planned capital projects, research and development, manufacturing, production, sales and marketing programs for its graphene and graphene-enhanced products and solutions; that the Company will receive the necessary regulatory approvals for the Private Placement; use the proceeds from the Private Placement as anticipated; the Company's performance and general business and economic conditions.
Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation the risk that the Company is not able to use the proceeds from the Offering as anticipated by management; the risk that the Company does not receive the requisite regulatory approvals for the Offering; overall economic conditions; technical de-risking and market acceptance for the Company's products and solutions; the introduction of competing technologies or products; stock market volatility; environmental and regulatory requirements; competitive pressures; change in market conditions and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied in these forward looking statements; the volatility of global capital markets; political instability; the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel; unexpected development and production challenges; unanticipated costs and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated November 4, 2025 available for review on the Company's profile at www.sedarplus.ca.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.
Sep 22 · 11:29·ACN Newswire
Finance · AI
HONG KONG, Sept 22, 2026 - China’s new energy and AI infrastructure sectors have recently reached a notable convergence. PJ Millennium I Limited and PJ Millennium II Limited, wholly owned subsidiaries of PJ Millennium Limited Partnership — whose general partner is Lochpine BG I GP Limited, itself a wholly owned subsidiary of Lochpine Capital Limited, a non-controlled, non-consolidated affiliate of Contemporary Amperex Technology Co., Limited (“CATL”, 300750.SZ / 03750.HK) — have completed a strategic investment in VNET Group, Inc. (Nasdaq: VNET), one of China’s leading carrier- and cloud-neutral internet data center services providers. The transaction closed on September 21, 2026. Upon closing, the buyers have become VNET’s largest shareholder, holding an approximately 38.1% equity stake in the Company.
The terms of the agreement include a two-year voting and consortium alignment between the companies, providing continuity in VNET’s governance and management while maintaining its strategic direction and operational momentum. The two companies have also entered into a strategic cooperation agreement, aimed at deeper collaboration across operations, technology and ecosystem development, as they jointly pursue the rapidly emerging compute-energy integration market.
Mr. Josh Sheng Chen, Founder and Executive Chairperson of VNET, said:
“We are pleased to welcome CATL as a new strategic investor and sincerely thank them for their strong support of VNET and our long-term vision. Looking ahead, we will work closely together to deepen collaboration across technology, infrastructure and supply chain capabilities, jointly drive foundational and full-chain innovation in the next-generation AIDC industry, advance innovation in integrated compute-energy systems, and contribute to the development of next-generation digital energy infrastructure for the intelligent era.”
As VNET positions itself as an infrastructure provider for the AI inference era, its alignment with CATL at both ownership and business levels has attracted significant market attention. A key question has therefore emerged: why did CATL choose VNET as a major ecosystem partner in its push towards compute-energy integration'
According to Frost & Sullivan, VNET’s carrier-neutral data center services revenue is growing faster than the broader China market. Its wholesale data center segment has demonstrated particularly strong year-on-year growth, ranking first among China’s scaled carrier-neutral data center service providers. By retail data center services revenue, VNET ranked No. 1 in 2025, with a 12.3% market share.
This combination of growth and market share highlights the strength of VNET’s market position. The Company has also developed competitive advantages across resource reserves, project delivery, customer relationships and access to capital markets — capabilities that have helped lay the foundation for this strategic partnership.
Speaking at the Goldman Sachs Asian Leaders Forum, VNET’s senior management highlighted that the Company’s deep commitment to the Chinese market has enabled it to capture a significant share of incremental customer demand over the past two to three years, while maintaining industry-leading delivery capability. This capability will help support the Company’s international ambitions, given the overseas growth of Chinese enterprise customers.
At the forum, management summarized VNET’s core competitive advantages across four strategic pillars:
First, the Company has secured abundant power-backed resources in regions with relatively low electricity costs.
Second, it has demonstrated strong project delivery capabilities, taking approximately 12 to 18 months from greenfield development to delivery.
Third, it has established deep relationships with a global network of approximately 7,000 enterprise customers.
Fourth, as a US-listed company, VNET benefits from diversified financing channels and solid credit ratings.
The Three-Layer Power-Compute Architecture: A Comprehensive Strategic Blueprint
Moving forward, the two companies are now focused on translating their comprehensive strategic partnership into an actionable industrial blueprint: a three-layer architecture comprising “Gigawatt-Scale Compute-Energy Facilities + Distributed Compute-Energy Networks + Tokenized Energy Attribute Certificates”.
Using this blueprint, the companies will jointly develop a three-layer power-compute system designed to build a nationwide network with global reach, aiming to shape the digital energy infrastructure landscape in the AI era.
1. Gigawatt-Scale Compute-Energy Facilities: The Energy Backbone for Hyperscale AIDCs
By combining CATL’s full-stack energy technologies and energy storage systems (ESS) with VNET’s proven AIDC execution capabilities, the partnership aims to develop next-generation hyperscale campuses designed around power-compute integration from the outset.
Rather than building the data center first and adding power infrastructure later, the approach is to plan computing and energy capacity in parallel from the beginning.
2. Distributed Compute-Energy Networks: City-Level Edge Infrastructure
The second layer focuses on city-level edge infrastructure, directly supporting the strategic deployment of China’s “Six National Compute Networks” and addressing growing demand from smart-city AI applications and localized inference.
By extending beyond mega-scale campuses, the partnership aims to expand into city-level edge infrastructure while promoting standardized product design and greater commercial scalability.
3. Tokenized Energy Attribute Certificates: Commercial Model Innovation
The third layer focuses on commercial model innovation. By leveraging digitized, auditable environmentalattribute certificates as a value-transfer mechanism, this framework enables traceable alignment between compliant computing assets, renewable electricity procurement and related energy attributes.
In essence, the model aims to establish a more transparent and verifiable framework linking computing capacity with renewable power and related environmental attributes, supporting future settlement, reporting and optimization of integrated compute-energy operations.
For VNET, the three-layer system represents more than a strategic framework — it provides an execution roadmap for its upgraded “dual-engine” strategy. Gigawatt-scale facilities anchor hyperscale campuses, distributed networks extend coverage to city-level computing, and digital energy-attribute management may, over time, support better traceability, optimization and utilization of green-energy resources.
Together, these three layers support VNET’s transformation from a pure-play IDC operator towards an AI-native integrated compute-energy infrastructure platform.
The Company believes that the entry of a major strategic industrial investor will materially influence institutional perceptions of its risk and growth potential, its financing capabilities, its operational stability and its medium- to long-term expansion pipeline.
With CATL’s strategic backing and the rollout of VNET’s three-layer compute-energy architecture, investor focus is increasingly shifting from the Company’s traditional IDC identity toward its broader role in next-generation AI infrastructure. Still, market recognition is likely to depend not only on strategic narrative, but also on measurable operating delivery.
That operating foundation is already beginning to show. In Q2 2026, VNET reported total net revenue of RMB2.78 billion, up 14.2% year-on-year, with the wholesale segment remaining the key growth driver as its revenue rose 29.3% to RMB1.10 billion.
Adjusted EBITDA increased 25.4% year-on-year to RMB920 million, while adjusted cash gross profit rose 9.4% to RMB1.16 billion. The adjusted EBITDA margin expanded by 3.0 percentage points year-on-year to 33.0%. Adjusted net income reached RMB7.38 million, representing a return to profitability compared with the same period last year.
CATL provides more than capital. Its participation brings expertise and capabilities in energy technologies that are increasingly important to the next phase of AI data center development.
As AI infrastructure evolves, competitive differentiation is moving beyond basic capacity toward integrated capabilities in power access, energy efficiency, cooling, and long-term operational reliability. In that context, the partnership may strengthen VNET’s ability to participate in the next wave of high-quality infrastructure demand.
Notably, several major international investment banks — including Goldman Sachs, HSBC and Morgan Stanley — have recently taken a positive view of VNET.
In its latest report dated 3 September, Goldman Sachs reiterated its Buy rating and set a US$14.00 price target. Morgan Stanley, holding an Overweight rating, also set a US$14.00 target price, while HSBC set its target at US$14.10.
Goldman Sachs noted that VNET is expected to secure approximately 1.0–1.1GW of wholesale orders for the full year, while its 500MW overseas resource deployment continues to progress, supported by disciplined financing and potential additional synergies from CATL’s strategic investment. Goldman Sachs also expects VNET’s wholesale IDC business to deliver a 2025–2028 revenue and EBITDA CAGR of 37%–38%, highlighting the potential for continued growth driven by AI infrastructure demand and further reassessment of the Company’s valuation.
Morgan Stanley maintains its Overweight rating on VNET, setting a US$14 price target, noting that VNET is poised for accelerating EBITDA growth starting from 3Q26, backed by its solid order backlog of 862MW and 3.6GW of available domestic resource capacity. The firm expects capacity deliveries to pick up meaningfully in 2H26, with disciplined overseas expansion plans to mitigate near-term capex risks.
From industrial synergies to potential valuation re-rating, VNET’s positioning within the compute-energy integration landscape is attracting increasing attention from the investment community.
On one side, CATL is expanding its role from a battery supplier towards becoming a broader infrastructure partner for the AI era. On the other, VNET is pursuing a strategic transformation from a third-party IDC operator towards an AI-native, next-generation digital energy infrastructure provider.
The two companies’ strategic trajectories are therefore converging at a pivotal point in the development of AI infrastructure. For VNET, the partnership provides more than additional capital: it creates opportunities for deeper integration across green power, energy storage technologies and global energy networks, potentially strengthening its competitive position as the AI infrastructure market continues to evolve.
Sep 22 · 10:00·ACN Newswire