American Electric Power to invest $4 billion in fuel cell project to power Google
AEP•American Electric Power plans to invest about $4 billion in a 702-megawatt fuel cell project near Cheyenne, Wyoming, to supply Google under a 20-year power purchase agreement.
1. Project details
The project will be developed by Cheyenne Fuel Cell, which is about 92% owned by American Electric Power; funds advised by Basalt Infrastructure Partners hold the remaining stake. Construction is expected to begin in 2026, with full operations expected by the end of 2028.
2. Power for Google
The facility will use fuel cell technology developed by Bloom Energy to provide on-demand electricity for Google's growing energy needs in the Cheyenne area. Technology companies are seeking new electricity sources as data center and artificial intelligence demand rises and grid capacity and infrastructure build-out constrain supply.
