Chevron signs power supply deal with Microsoft for Texas data center

Microsoft Corporation
Chevron Corporation
GE Vernova Inc.

Microsoft Corporation

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Chevron Corporation

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GE Vernova Inc.

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June 22 (Reuters) - Chevron CVX.N said on Monday it has signed a 20-year deal with Microsoft MSFT.O to provide natural-gas fired power for a proposed data center in West Texas.

Technology companies, ‌including Microsoft, are rushing to secure electricity supply for their rapidly expanding data centers that would power AI services such as ChatGPT and Copilot.

The power plant, called project Kilby, is expected to is expected to provide first power by 2028 and will ramp up to 2.67 gigawatts over time.

Chevron expects to announce a final investment decision for project Kilby by the end of this year.



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