Nebius Group Commits $2.6B for 328 MW Fuel Cell Capacity in Data Center Expansion
NBIS•Nebius Group will pay Bloom Energy up to $2.6 billion over a decade for about 328 MW of installed fuel cell capacity to power its U.S. data center expansion, with first deployments beginning later this year. The long-term deal underscores rising demand for alternative energy systems in AI-driven facilities and is expected to boost Nebius’s operational reliability and cost profile.
1. Deal Terms
Nebius Group signed a long-term energy services contract with Bloom Energy, committing up to $2.6 billion over ten years for the installation of approximately 328 MW of fuel cell capacity. The first phase of this deployment is scheduled to begin operating later this year, supporting Nebius’s expanding U.S. data center footprint.
2. Strategic Impact
By securing a dedicated alternative power source, Nebius aims to enhance its data center reliability and manage energy costs amid surging AI workloads. The deal positions the company to reduce dependence on traditional grid electricity and reinforces its infrastructure strength in the competitive AI services market.
