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NextEra Expands Google Cloud Alliance, Lands 2.5 GW Meta Deals to Power AI Data Centers

The company is pivoting to dedicated generation to secure reliable electricity for hyperscalers.

Overview

  • NextEra and Google Cloud will co-develop multiple gigawatt-scale data center campuses in the U.S., with three initial sites under way and additional locations under review.
  • The partners plan to launch an AI-enabled grid product by mid-2026 to predict equipment failures, optimize crew deployment, and improve reliability.
  • NextEra signed 11 power purchase agreements and two energy storage agreements with Meta totaling more than 2.5 gigawatts, with projects slated to come online from 2026 to 2028.
  • CEO John Ketchum set a goal to build 15 gigawatts of new generation for data center hubs by 2035 and raised 2025–2026 adjusted earnings guidance.
  • NextEra is advancing a 1.2 gigawatt gas-plus-carbon-capture site with Exxon Mobil in the Southeast, with marketing to hyperscalers planned for early 2026 and no offtake signed yet.