Overview

• Google and Brookfield Asset Management have executed $3 billion, 20-year power purchase agreements for 670 MW at the Holtwood and Safe Harbor hydropower plants in Pennsylvania
• Brookfield Renewable Partners will relicence, upgrade and overhaul the two facilities under a broader framework to source up to 3 GW of U.S. hydroelectric capacity
• Over the next two years, Google will deploy $25 billion in data center and AI infrastructure investments across the 13-state PJM Interconnection
• The agreements are designed to meet surging electricity demand from artificial intelligence and cloud computing as U.S. power consumption hits record highs
• Alphabet CFO Ruth Porat and President Trump highlighted the framework and its grid-modernization benefits at a Pennsylvania AI summit