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NextEra, Brookfield to Build $100 Billion Kentucky Data Campus
['Ari Natter', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
(Bloomberg) -- NextEra Energy Inc., the largest US power utility, is teaming up with Brookfield on a more than $100 billion transformation of a shuttered Cold War uranium-enrichment facility in Kentucky into a data center campus with a generating plant.
The project comes as the Trump administration is determined to address surging power demand from data centers that are provoking considerable political opposition.
The more than $100 billion privately funded investment, one of the largest in Kentucky's history, is expected to create 8,000 construction jobs and 600 permanent positions, the department said.
Brookfield will develop and operate the 1.8 GW data center campus, which will occupy portions of the sprawling 3,556-acre Energy Department site once used to produce weapons-grade uranium and fuel for nuclear reactors.
Construction is expected to be completed in 2031, the Energy Department said.