AEP Advances Innovative Energy Solution for Google with 702MW of Bloom Fuel Cells
AEP plans to invest approximately $4 billion in a 702-megawatt fuel cell generation project near Cheyenne, Wyoming, backed by a 20-year power purchase agreement with Google. The project vehicle Cheyenne Fuel Cell, LLC is about 92% owned by AEP and roughly 8% by funds advised by Basalt Infrastructure Partners, with construction starting in 2026 and full operations expected by end of 2028.
Key figures
- Deal Value Usd
- $4 billion
- Capacity mw
- 702
- Ppa term years
- 20
- Aep ownership pct
- 92%
- Basalt ownership pct
- 8%
AI analysis
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