Schneider Electric to Invest $700M in U.S. Energy

French energy management company Schneider Electric announced plans to invest over $700 million in the U.S. energy and AI infrastructure. The investment aims to enhance the country’s energy capabilities, support AI growth, and improve energy security by 2027. The move comes in response to rising demand across data centers, utilities, manufacturing, and energy sectors. It is expected to create over 1,000 jobs, including positions for engineers, developers, and technical analysts. New facilities will be developed, and existing ones expanded in Tennessee, Massachusetts, Missouri, Ohio, Texas, and North Carolina. Schneider Electric's total U.S. investment will exceed $1 billion over the next decade, building on the $440 million already invested since 2020. Aamir Paul, President of North America Operations, emphasized the need for agility and efficiency to meet growing AI and energy demands, CE Report quotes Anadolu Agency