American Electric Power to Invest $4 Billion in Fuel Cell Project to Meet Energy Demand From Google
Kelly Cloonan
American Electric Power plans to invest about $4 billion in a Wyoming fuel cell generation project to meet growing energy demand from Alphabet's Google.
AEP said Wednesday Google will acquire power from Cheyenne Fuel Cell, which is about 92% owned and controlled by AEP, under a 20-year power purchase agreement.
The facility aims to support Google's increasing energy needs in the greater Cheyenne, Wyo. area, AEP said. The facility would use fuel cell technology developed by Bloom Energy that is designed to be deployed rapidly and provide reliable, on-demand power.
"This project demonstrates how we are creating new opportunities to meet evolving energy needs for customers both within and beyond our traditional service territory," AEP Chief Executive Bill Fehrman said.
AEP plans to start construction on the project this year and expects the facility to be fully operational by the end of 2028.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
October 14, 2026 08:40 ET (12:40 GMT)
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