National CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Google Commits $25B to Data Center Infrastructure Across PJM Grid
Alphabet’s Google will invest $25 billion in data center and artificial intelligence infrastructure over the next two years in states across the biggest electric grid in the U.S., CNBC reported Tuesday. The news follows Meta CEO Mark Zuckerburg’s announcement Monday that his company plans to spend hundreds of billions of dollars to build AI data centers.
Google will also spend $3 billion to modernize two hydropower plants in Pennsylvania to help meet the growing power demand from data centers and AI in the region. The refurbishment of the Pennsylvania plants is part of a framework agreement with Brookfield Asset Management to purchase 3,000 megawatts of hydroelectric power across the U.S.
CNBC reported that Google’s investments in the region come as the PJM Interconnection struggles to keep up with rising electricity demand from data centers and industry. PJM is the biggest electric grid in the nation, covering 13 states across the mid-Atlantic and parts of the Midwest and South. It includes the world’s largest data center market in northern Virginia.
Pictured: A Google data center in central Ohio.
- ◦Development
