Weekly Synthesis: Moonshot (Kimi Model) and (Project) Jupiter Updates

研报英文原文证据摘录

Weekly Synthesis: Moonshot (Kimi Model) and (Project) Jupiter Updates

July 19, 2026 | 17:06 ET~

Energy Transition & Infrastructure

Weekly Synthesis: Moonshot (Kimi Model) and Energy Transition & Infrastructure

(Project) Jupiter Updates Ameet Thakkar Analyst

ameet.thakkar@bmo.com (713) 546-9741

Ryan Schlageter Senior Associate

Bottom Line: ryan.schlageter@bmo.com (929) 789-3536

Here is our latest “The Weekly Synthesis” report where we highlight the news/events Legal Entity: BMO Capital Markets Corp.

from the past week that we think are important for our coverage and the broader

Energy Transition and Infrastructure sector. In addition, we highlight what pieces of

data, issues, and events investors have been most focused on. This week's report

is a condensed edition focused primarily on recent news flow and investor

discussions. WMB announced a 49% sell down of its Power Innovation portfolio (first

takes here and follow-up here), PLUG updated its asset monetization plans (note here),

and ARRY expanded its BoS offering with the acquisition of AWM (note here). Other key

news items which we discuss below include NM's denial of Project Jupiter's Green

Chile Lateral, and we revisit the AI load efficiency debate following Moonshot AI's

Kimi3 release. We also summarize several key points of discussion with investors

from our 2Q earnings preview note.

Key Points

Thakkar-ed Out? All You Need to Know From Last Week

New Mexico Land Commissioner Blocks Project Jupiter's Green Chile Lateral

Again.New Mexico's Land Commissioner on Tuesday denied Energy Transfers's (ET)

request to reconsider a prior ruling blocking state land access for a 0.6-mile portion of

the 17-mile Green Chile pipeline serving ORCL's Project Jupiter data center. While the