Data Center Power Demand Pushes NextEra to Big Quarter

  • Company added 3,000 megawatts of projects in second quarter
  • Additions include agreement to power Google data centers
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NextEra Energy Inc. added 3,000 megawatts — roughly akin to the capacity of three nuclear reactors — of new renewables and storage projects in the second quarter as demand from data centers continues to soar.

The additions include an 860 megawatts agreement for Google data centers, Chief Financial Officer Brian Bolster said Wednesday on NextEra’s earnings callBloomberg Terminal. The company’s renewables and storage origination has reached 22.6 gigawatts, which includes 1,600 megawatts of new projects placed in service since April.