NextEra Energy Partnering with Google, Exxon on Data Center Power -- WSJ

Dow Jones12-09

By Jennifer Hiller

NextEra Energy said Monday that it will partner with Alphabet's Google Cloud to build new, large data center campuses paired with power generation across the U.S., and is working with Exxon Mobil to develop natural-gas fired power plants that would include carbon capture and storage for large customers.

NextEra and Google are already developing the first three data center campuses and looking to identify more locations. The companies in October announced a deal to restart a NextEra nuclear reactor in Iowa.

"The market is heading towards bring your own generation," NextEra Energy chairman and CEO John Ketchum said during an investor presentation. "At the end of the day, someone must pay for new power plants."

Exxon and NextEra are working on a potential 1.2-gigawatt power plant that could serve a large customer, such as a data center.

NextEra's goal is to have 15 gigawatts of new power generation for data center hubs operating by 2035. "Quite frankly, based on what we're seeing today, we'll be disappointed if we don't do more," Ketchum said. NextEra owns Florida Power & Light and develops power infrastructure across the U.S.

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December 08, 2025 14:44 ET (19:44 GMT)

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