Your data center needs power. Guaranteed power. Around the clock. No outages.

That creates a negotiation. And in that negotiation, one company in our scorecard is holding a contract that locks in pricing for 10 years. The other is selling equipment in a competitive bid every time a utility comes calling.

Same industry. Same AI-driven demand surge. Completely different economics.

One company is guaranteed margin for a decade. The other watches its profit per unit shrink when copper prices spike and competitors undercut.

That is the difference we are scoring in this issue. Not who has the biggest backlog. Who locked in the pricing that makes backlog matter.

Our last Core issue asked: who has the capacity to serve data centers? This one asks the harder question: who has the pricing power to make money from it?

The answer separates the winners from the ones that just look like winners.