None
EN
Brookfield, NextEra to develop $100 billion data center campus in Kentucky, source says
['Vallari Srivastava', 'Laila Kearney', 'July', 'Min Read']
Yahoo Finance - Business finance, stock market, quotes, news
By Vallari Srivastava and Laila KearneyJuly 29 (Reuters) - NextEra Energy and Brookfield plan to develop a $100 billion data center campus and power plant at a federally owned former uranium enrichment site in Kentucky, the companies said on Wednesday.
Under the deal, NextEra, which is one of the world's largest power companies, will develop up to 2 GW of natural gas-fired power and 2.6 GW of battery storage capacity, while Brookfield will own and operate the 1.8 GW campus, the companies said.
Earlier this year, the Trump administration announced the development of a nearly 10 GW data center and power generating campus in Ohio.
The broader coalition involved in the Kentucky project includes electric cooperative utilities Big Rivers Electric Power Corporation, Jackson Purchase Energy Cooperative and Paducah Power System, which will provide wholesale and distribution services.
The campus will be built on the DOE's Paducah Site, which was constructed in the 1950s to produce enriched uranium, initially for nuclear weapons.