Chevron and Microsoft sign agreement to develop 2.67 GW gas-fired power plant in Texas to supply Microsoft's data center
Type: Supply Agreement · Technology: Gas · Country: United States · Announced: 2026-06-22
Chevron Corporation's subsidiary Energy Forge One entered into a supply agreement with Microsoft to develop a 2.67 GW gas-fired power plant in West Texas, United States. The project will supply electricity to a Microsoft data center under a long-term power purchase agreement. Energy Forge One, a wholly owned subsidiary of Chevron, will oversee the development and operation of the facility. The 2.67 GW capacity will be dedicated to meeting Microsoft's energy demands for its expanding data center operations in the region. The agreement underscores Chevron's strategic pivot toward supplying energy solutions for hyperscale data centers, aligning with Microsoft's sustainability and operational goals.
Counterparties
- Energy Forge One (Subsidiary)
- Chevron Corporation (Developer)
- Microsoft (Offtaker)