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Will Long-Term Clean Energy Deals for AI Data Centers Change Alphabet's (GOOGL) Infrastructure Narrative?
The AES Corporation recently announced 20-year power purchase agreements and co-located generation projects to supply a new Google data center in Wilbarger County, Texas, while Xcel Energy and Google agreed to add 1.90 gigawatts of clean energy to power a new data center in Pine Island, Minnesota.
By locking in long-term, clean and dedicated power for AI-heavy data centers, Alphabet is directly addressing energy reliability constraints that could otherwise cap the scale of its cloud and...