AES Indiana Secures $1.3B Contract to Power Google Data Center
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
The Indiana Utility Regulatory Commission approved a plan by AES Indiana to power Google’s data center in Morgan County. The agreement requires Google to pay the full cost of the 390-megawatt data center and three other energy projects, totaling an estimated $1.3 billion. These projects include the 200-megawatt Foundry Works battery project in Lake County and the 130-megawatt Hardy Hills facility in Clinton County.
Why it matters
The contract ensures Google will fund 100% of the energy, generation, transmission, and infrastructure costs required for its facilities. AES Indiana estimates that if Google uses its full contracted power, other customers could see savings of $770 million over 15 years.
A potential future co-location site for protein fold research has been proposed, which involves a data center proposal and potential ties to Google spanning three counties in Indiana.
Who's involved
- AES IndianaUtility company providing electric service to Google's data center
- GoogleTechnology company receiving power for its data center operations
- IndianaState where AES Indiana operates and the projects are located
- AES CorporationParent company that owns AES Indiana
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- AES IndianaSpeculative
AES Indiana might see its core business strengthened by securing a $1.3 billion contract and guaranteed funding for infrastructure.
- GoogleSpeculative
Google might benefit from guaranteed funding for the 390-megawatt data center power.
- Morgan CountySpeculative
Morgan County might attract $1.3 billion in investment and infrastructure development.
- AES CorporationSpeculative
AES Corporation might benefit from a guaranteed revenue stream provided by its subsidiary.
Keep exploring
Part of
A potential future co-location site for protein fold research has been proposed, spanning three counties in Indiana, involving a data center proposal and potential ties to Google.Also in this story
- A proposed data center facility, powering services like Google searches, is being considered in the Joliet area, with its size comparing to half of Chicago.
- Data center project considered in Indiana.
The entities involved
-
AES Indiana
American utility company providing electric service to the city of Indianapolis, IN
Nothing else this week.
-
Google
American multinational technology company, a subsidiary of Alphabet Inc.
-
Indiana
state of the United States of America