The Physical Layer

AI and energy infrastructure, explained plainly.

Companies

Kinder Morgan

On the map: Power on site

Named in one piece. Each entry below is that piece's own description of what the company makes, from its exposure map.

  1. Plants, campuses and fuel

    Homer City Generation and Entergy build gas plants, Crusoe builds AI campuses, and Kinder Morgan and Williams run gas pipelines; Williams also builds off-grid gas plants.

    Building your own power: GE Vernova's queue, not the grid's, sets the date · 22 September 2026

This maps who operates in each layer. It is not a recommendation, and naming a company is not a view on its shares. Personal research, not investment advice.