NextEra Vitality is partnering with Exxon Mobil, the nation’s largest oil firm, to construct a big knowledge middle website powered by pure fuel for a possible tech buyer, CEO John Ketchum advised traders Monday
The 1.2 gigawatt energy plant would mix fuel technology with Exxon’s carbon seize know-how to scale back emissions, in keeping with NextEra’s presentation to traders.
They plan to market the positioning to a hyperscaler within the first quarter of 2026. Hyperscalers are the massive tech firms which might be constructing knowledge facilities to coach and run synthetic intelligence purposes. There isn’t any signed settlement with a hyperscaler but.
NextEra and Exxon have secured 2,500 acres of land for the ability. The positioning can be situated within the Southeast in shut proximity to Exxon’s carbon dioxide pipeline infrastructure, in keeping with NextEra.
NextEra is the biggest renewable power developer within the U.S., however it’s leaning into pure fuel to satisfy the rising demand from knowledge facilities. The facility firm plans to convey as a lot as 8 gigawatts of fuel technology on-line by 2032, and is growing a pipeline of 20 gigawatts of fuel technology.
NextEra plans to construct 15 gigawatts of energy for knowledge middle hubs by 2035, Ketchum stated. That features at the least three knowledge middle campuses that NextEra is growing with Alphabet‘s Google.
“Plenty of these will get began with what I name bridge energy — renewables, storage,” the CEO stated. “We’re additionally at that very same time planning for the fuel to come back behind it.”
The tech sector has primarily secured renewables and more and more nuclear energy to produce knowledge facilities in an effort to satisfy its local weather targets.