Davos [Switzerland], January 21: AM Group, the leading energy transition platform backed by the founders of Greenko Group, today announced the signing of a Memorandum of Understanding (MoU) with Invest UP, Government of Uttar Pradesh to establish a 1 GW (Gigawatt) High Performance Compute Hu
Detailing the significance of the deal on the sidelines of the World Economic Forum 2026, UP minister Khanna said that the state aims to achieve six GW of energy capacity by 2030. AM Green will invest Rs 2.7 lakh crore to establish the data centre.
The project, announced at the World Economic Forum 2026 in Davos, involves a total investment of approximately USD 25 billion. This hub is designed to handle global AI workloads and will be one of the largest investments in India's digital infrastructure to date.