Overview
- NextEra and Google are co-developing at least three gigawatt-scale data center campuses with connected power plants, with additional sites under evaluation.
- Meta signed 11 power purchase agreements and two storage deals totaling about 2.5 GW across multiple U.S. markets, with projects scheduled to enter service from 2026 to 2028.
- NextEra and Exxon Mobil outlined a 1.2 GW natural gas plant with carbon capture beside a 2,500-acre site that they plan to market to hyperscalers in early 2026.
- CEO John Ketchum said the company is pursuing more than 50 GW of hyperscale opportunities and has identified over 20 potential hubs, though the buildout carries heavy capex and permitting risk.
- The plan includes a 25-year Google PPA to restart the Duane Arnold nuclear plant by 2029 and an AI-powered grid operations product slated for Google Cloud Marketplace by mid-2026.