Deals Counterparts

Xcel Energy to power new Google data center in Pine Island, Minnesota

Ppa Data Center announced Pine Island, United States Mar 11, 2026
1900 MW
Capacity
development
Stage

Xcel Energy secured an Electric Service Agreement to provide up to 300 MW of reliable power for Google's new hyperscale data center in Pine Island, Minnesota. This long-term deal supports.

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Deal Analysis

Xcel Energy has secured an Electric Service Agreement to supply 300 MW of power to Google's new 1900 MW hyperscale data center in Pine Island, Minnesota. This long-term PPA-type arrangement provides Xcel Energy with a substantial, stable load in its Minnesota service territory, supporting its grid modernization efforts. For Google, the deal ensures a reliable power source for a significant portion of its developing 1900 MW facility in Pine Island, Minnesota, a critical component for its operational readiness. The announced 2026-03-11 agreement, while not disclosing value, demonstrates a direct utility-to-corporate power procurement strategy for a large-scale industrial consumer. This agreement aligns with Xcel Energy's increasing focus on renewable energy development and grid modernization as a major U.S. utility. Securing a 300 MW load from Google's Pine Island data center provides a clear demand signal for Xcel Energy's future generation and transmission investments in Minnesota. Google, an active offtaker with 7 verified deals, including nearly 1.2 GW of carbon-free energy via PPAs with Clearway, continues to expand its dedicated energy procurement strategy across the United States. The 300 MW deal in Pine Island, Minnesota, further diversifies Google's energy portfolio, which includes solar investments in Massachusetts.
  • Xcel Energy to supply 300 MW to Google's new data center.
  • Google's new hyperscale data center has a 1900 MW capacity in Pine Island, Minnesota.
  • The deal is an Electric Service Agreement, a PPA type.
  • Google has secured 7 verified deals, including nearly 1.2 GW of carbon-free energy via PPAs with Clearway.
  • The agreement was announced on 2026-03-11.
  • Xcel Energy is a major U.S. utility focused on renewable energy development.

Source Intelligence

KEY DETAILS

A Clean Energy Accelerator Charge (CEAC) will provide for 1,400 MW of wind, 200 MW of solar and 300 MW of long-duration energy storage, along with a $50 million investment towards Xcel Energy’s Capacity*Connect Program, which will help drive reliability on the grid. The clean energy resources funded through the agreement include a 300 megawatt (30 gigawatt-hour) Form Energy iron-air battery system installation, the largest battery project by gigawatt-hour energy capacity announced to date in the world. This 100-hour battery system will store energy during periods of high production and low demand and dispatch it to the grid during times of high demand, providing firm capacity and strengthening grid reliability when it is needed most, even over multiple days. The Electric Service Agreement will be filed for review with the Minnesota Public Utilities Commission in the coming weeks. The MPUC must formally approve the agreement between Xcel Energy and Google to supply power to the site.

Capacity
As part of the agreement, Xcel and Google are partnering to bring 1,900 megawatts of new clean energy to the grid.
Location
Xcel Energy to Power New Google Data Center in Pine Island, Minnesota
PPA Details
Xcel Energy recently signed an agreement to supply power for the Google data center that will support core services — including Workspace, Search, YouTube and Maps — that people, communities and businesses use every day. Xcel Energy is committed to ensuring that new large loads do not increase costs for existing customers and that service remains reliable. Under the agreement, Google will pay all costs for its new service in line with its typical practices and Minnesota’s regulatory and legislative requirements for large loads.
Signing
Xcel Energy recently signed an agreement to supply power for the Google data center
Expected Close
The Electric Service Agreement will be filed for review with the Minnesota Public Utilities Commission in the coming weeks. The MPUC must formally approve the agreement between Xcel Energy and Google to supply power to the site.
PARTIES MENTIONED IN SOURCE
X
Xcel Energy seller

"Xcel Energy to Power New Google Data Center in Pine Island, Minnesota"

G
Google buyer

"Xcel Energy to Power New Google Data Center in Pine Island, Minnesota"

F
Form Energy developer

"The clean energy resources funded through the agreement include a 300 megawatt (30 gigawatt-hour) Form Energy iron-air battery system installation"

medium quality Enriched Mar 11, 2026

Timeline

Announced
Mar 11, 2026
Signed
Closed

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