Chevron signs 20-year deal to power Microsoft data center in Texas, betting on AI energy demand
By
Molly Wilhelm
Summary
Chevron has signed a 20-year agreement to supply power to a Microsoft data center in West Texas, betting on surging energy demand driven by artificial intelligence. The facility will be one of the largest gas-powered data center developments in the U.S., with most power coming from large GE Vernova turbines. The deal represents a strategic move by Chevron to tap into new revenue streams from the AI boom.
Source
bskyChevron signs 20-year deal to power Microsoft data center in Texas, betting on AI energy demandchron.comKey quotes
· 3 pulledThe company has signed a 20-year agreement to power a Microsoft data center in West Texas.
Most of the power will come from large GE Vernova turbines, and the facility is expected to be one of the biggest gas-powered data center developments in the U.S.
Chevron signed a 20-year deal to power a massive Microsoft data center in West Texas, betting on AI-driven energy demand and new revenue.
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