This Energy Provider Just Scored Major AI Data Center Deals - Here’s Why It Matters

Another energy giant just locked down massive AI data center contracts. The power-hungry artificial intelligence boom keeps creating unlikely winners far from Silicon Valley.

The New Power Players

Forget the flashy tech CEOs for a second. The real action is happening with the companies that keep the lights on—literally. As AI models grow more complex, their electricity demands are skyrocketing. Data centers are scrambling to secure long-term, reliable power. That means utility providers are suddenly sitting in the driver's seat, negotiating deals that would make a Wall Street banker blush.

Grids Under Pressure

This isn't just about selling more kilowatt-hours. Entire regional grids are being reshaped. New transmission lines, upgraded substations, and even discussions around bringing retired fossil-fuel plants back online are all part of the scramble. The AI revolution has a dirty little secret: it runs on old-school infrastructure. And that infrastructure is getting a very expensive, very urgent facelift.

The Bottom Line

One analyst's 'strategic infrastructure investment' is another's 'desperate capacity grab.' Either way, the cash is flowing. These aren't your grandfather's utility stocks anymore. They're becoming essential tech infrastructure plays—a boring business with a suddenly sexy growth narrative. Just don't look too closely at the environmental math; the AI industry is hoping you're too dazzled by the chatbots to notice the carbon footprint.

Key Takeaways

• NextEra Energy said Monday that it struck deals with Alphabet's Google and Meta Platforms to support AI data centers.
• The energy provider also raised the lower end of its full-year profit forecast, and boosted its outlook for 2026.

NextEra Energy is raking in new deals to power AI data centers.

America's largest energy infrastructure developer on Monday said it struck agreements with Alphabet's (GOOGL) Google and Meta Platforms (META) to meet growing demand for energy to support AI data centers.

NextEra said it plans to work with Google to build out energy infrastructure for data center campuses across the United States. As part of the deal, NextEra will also use Google Cloud AI to support its own "digital transformation" and deployment of AI.

Separately, NextEra said Meta signed contracts for clean energy projects meant to help the tech giant meet its clean energy goals, as well as build out data center capacity.

Why This Is Significant

The AI boom has lifted stocks across a wide range of industries this year, including energy as the technology is widely expected to raise demand for electricity. With its recent data center deals, NextEra is positioning itself as a beneficiary.

Financial terms of the deals were not disclosed, though the energy provider also raised the lower end of its full-year profit forecast, and boosted its outlook for 2026, according to a regulatory filing Monday.

NextEra said it now expects adjusted earnings per share of $3.62 to $3.70 for 2025, compared to $3.45 to $3.70 previously, and 2026 EPS of $3.92 to $4.02, up from an earlier forecast of $3.63 to $4.

Shares of NextEra Energy slipped 3% Monday amid broader market losses. Still, they've added about 12% in 2025 so far.

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