NextEra Energy, Google Cloud expand deal to add US capacity


Electric power transmission pylon miniatures and Nextera Energy logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration

Dec 8 (Reuters) - NextEra Energy said on Monday it has expanded its partnership with Google Cloud to scale up data center capacity by multiple gigawatts and boost energy infrastructure across the U.S.

Shares of the company were up 2.3% in premarket trading.

The deal comes as U.S. electricity demand grows due to rapid AI adoption, prompting cloud companies and utilities to secure land, grid connections and new generation to support large data center loads.

(Reporting by Vallari Srivastava in Bengaluru; Editing by Tasim Zahid and Shinjini Ganguli)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

IBM to buy Confluent in $11 billion deal in cloud-computing drive
Meta to offer choices on personal Facebook and Instagram ads, EU says
Amnesty says India's review of location-tracking plan 'deeply concerning'
Only a few automakers to keep up AI push, Gartner says
Suspected TikTok and drunken driving crashes highlight dangers of impaired and distracted driving
Apple just lost a key designer– many are happy to see him go
A grand social media experiment begins in Australia
Silicon Valley builds Amazon and Gmail copycats to train AI agents
People are uploading their medical records to AI chatbots
Christmas unplugged: Australian teen social media ban brings holiday headspace woes

Others Also Read