The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← Research · Q1

Destination · power infrastructure

$16.3B tracked across 6 claim(s) (+9 more without a settled point figure — see members)

Sum of point-figure, USD-denominated flow claims tagged Destination · power infrastructure in the money-flow graph, leaving out claims with no realization status (reported, not closed) and guarantees (contingent).

Aggregate of 15 member claims — each member's sourced figures are below.


the working

Basis

Sum of point-figure, USD-denominated flow claims tagged Destination · power infrastructure in the money-flow graph, leaving out claims with no realization status (reported, not closed) and guarantees (contingent).

The pieces 15

Every claim that fed this total, plus any that couldn't be summed — click a row for its own sourcing.

FlowAs ofAmount
Flex → EPC Power2026-09-03T00:00:00Z$4.4B
SB Energy → AEP Ohio2025-01-01T00:00:00Z$4.2B
American Electric Power → unnamed vendor(s) — power infrastructure vendor unnamed2026-10-14T00:00:00Z$4.0B
Black Hills Corp. → unnamed vendor(s) — power infrastructure vendor unnamed2026-10-06T00:00:00Z$1.8B
Nvent → Maverick Power2026-08-24T00:00:00Z$1.8B
Parallax (USD 117 million raised (USD 75M Series A and USD 42M seed), 2026-09) → Parallax2026-09-29T00:00:00Z$117.0M
Constellation Energy → unnamed vendor(s) — power infrastructure vendor unnamed2026-10-06T00:00:00Znot summed
US Department of Energy → Vistra2026-10-06T00:00:00Znot summed
Amazon → Talen Energy2025-06-11T00:00:00Znot summed
Crusoe → GE Vernova2024-12-01T00:00:00Znot summed
US Department of Energy → NextEra Energy2026-09-08T00:00:00Znot summed
Meta → Entergy Louisiana2025-01-01T00:00:00Znot summed
Microsoft → Constellation Energy2024-09-20T00:00:00Znot summed
Nvent → Maverick Power2027-01-01T00:00:00Znot summed
Amazon → Generac2026-09-16T00:00:00Znot summed
Total (settled figures only)$16.3B

A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to Research · Q1.