Chevron-Microsoft 2.5 GW Natural Gas-Fired Power Plant
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Source: The Motley Fool
Chevron and investment fund Engine No. 1 are working to finalize a deal with Microsoft to build a new 2.5-gigawatt natural gas-fired power plant in West Texas. The facility will use natural gas produced in the Permian Basin to provide power to a large AI data center campus, supporting Microsoft's electricity needs and AI ambitions. The project is expected to cost about $7 billion and aims to turn
- Status
- Prospective
- Sector
- Natural Gas, Data Center, Power Generation (CCGT)
- Location
- Texas, United States of America
- Updated
- 22 Jul 2026
- Source
- The Motley Fool
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Chevron and investment fund Engine No. 1 are working to finalize a deal with Microsoft to build a new 2.5-gigawatt natural gas-fired power plant in West Texas. The facility will use natural gas produced in the Permian Basin to provide power to a large AI data center campus, supporting Microsoft's electricity needs and AI ambitions. The project is expected to cost about $7 billion and aims to turn associated natural gas into power, enhancing Chevron's growth strategy and supporting a lower-carbon economy. |
Original sector | Energy |
Budget |
Location
Country | United States of America (USA) |
State | Texas |
Source
Source | The Motley Fool |
URL |
More Details
Record type | Project |
Sector | Natural Gas, Data Center, Power Generation (CCGT) |
Article published date | 2026-04-05 |
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