Clearway Energy Group signed three long-term power agreements with Google, providing 1.17 GW of carbon-free energy across three states.
Quiver AI Summary
Clearway Energy Group announced the signing of three long-term power purchase agreements (PPAs) with Google, totaling 1.17 GW of carbon-free energy projects in Missouri, Texas, and West Virginia. These agreements will supply energy to support Google's data centers for up to 20 years and are part of an investment of over $2.4 billion in reliable energy infrastructure. Construction on the projects, exceeding 1 GW, is set to start this year, with completion projected for 2027 and 2028. This collaboration builds on an existing 71.5 MW PPA, bringing their total partnership capacity to 1.24 GW. The projects promise to deliver significant economic benefits to local communities, including tax revenue for public services and local job creation. Clearway aims to meet the increasing energy demands of data centers while promoting clean energy and grid reliability.
Potential Positives
- Clearway Energy Group has secured three significant long-term power purchase agreements with Google, totaling 1.17 GW of carbon-free energy, which enhances its portfolio and supports its growth strategy.
- The investment of over $2.4 billion in reliable energy infrastructure demonstrates Clearway's commitment to expanding its operations and contributing to economic growth in local communities.
- The projects will create hundreds of construction jobs and generate substantial tax revenue for local services, highlighting Clearway's role in community development.
- This partnership expands the existing collaboration with Google to a total of 1.24 GW, reinforcing Clearway's position as a key player in the clean energy sector.
Potential Negatives
- While the agreements signify investment and growth, there is a potential risk of reliance on a single major client (Google), which may lead to vulnerability if their demands change or if they seek alternate energy suppliers in the future.
- The significant investment of over $2.4 billion may pressure Clearway's financials, particularly if the projected economic benefits and tax revenue do not materialize as expected.
- The timeline for the projects indicates that the first sites may not be operational until 2027 and 2028, which could delay expected revenue and result in lost opportunity costs in the interim.
FAQ
What are the new power purchase agreements with Google?
Clearway Energy Group executed three new long-term power purchase agreements with Google for 1.17 GW of carbon-free energy projects.
Where are the new projects located?
The new carbon-free energy projects are located in Missouri, Texas, and West Virginia.
How will these agreements benefit local communities?
The agreements will drive economic growth, create construction jobs, and support local services through tax revenue.
When will construction on the projects begin?
Construction on the projects will begin in 2026, with the first sites expected to come online in 2027 and 2028.
What is Clearway Energy Group's vision?
Clearway Energy Group envisions a world powered by clean energy, focusing on renewable energy and reliable electricity generation.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
SAN FRANCISCO, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Clearway Energy Group (Clearway) announced the 2025 execution of three new long-term power purchase agreements (PPAs) with Google totaling 1.17 GW of carbon-free energy projects located in Missouri, Texas, and West Virginia.
Under the new agreements, Clearway will deliver carbon-free energy to local grids to support Google’s data centers in SPP, ERCOT, and PJM for up to 20 years while driving economic growth across the local communities. Together, the three projects represent over $2.4 billion invested in reliable energy infrastructure.
Construction will begin this year on the projects totaling over 1 GW, with the first sites expected to come online in 2027 and 2028. The new agreements build on Google and Clearway’s existing 71.5 MW PPA in operation in West Virginia, bringing the total partnership to 1.24 GW.
“Clearway is proud to collaborate with Google on a diverse portfolio of projects that will deliver near-term energy and capacity to help power Google’s data centers across regions experiencing historic load growth,” said Valerie Wooley, Senior Vice President of Origination at Clearway. “These projects represent the next step in Clearway’s accelerated digital infrastructure development program, which is delivering speed to power across the country at the massive scale needed to enable data center growth.”
"Strengthening the grid by deploying more reliable and clean energy is crucial for supporting the digital infrastructure that businesses and individuals depend on,” said Amanda Peterson Corio, Global Head of Data Center Energy, Google. “Our collaboration with Clearway will help power our data centers and the broader economic growth of communities within SPP, ERCOT, and PJM footprints."
The projects will deliver benefits to all three communities, including significant tax revenue supporting local schools, hospitals, and other public services, hundreds of local construction jobs, and ongoing community benefit initiatives such as Clearway’s Adopt-a-School program.
About Clearway Energy Group
Clearway Energy Group’s vision is a world powered by clean energy. Along with our public affiliate Clearway Energy, Inc., our portfolio comprises over 13 GW of gross generating capacity in 27 states, including over 2.8 GW of flexible dispatchable power generation, 10.3 GW of battery energy storage, solar, and wind assets providing critical grid reliability services. As we develop a nationwide pipeline of new energy projects for the future, Clearway’s operating fleet generates enough reliable electricity to power more than 2 million homes today. Clearway Energy Group is headquartered in San Francisco with offices in Denver, Houston, Phoenix, Princeton, and San Diego. For more information, visit https://www.clearwayenergygroup.com .
Media:
Julia Poska, 630-254-1853
[email protected]
