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American Electric Power plans to invest approximately $4 billion in a 702-megawatt fuel-cell project near Cheyenne under a 20-year power purchase agreement with Google. The facility will use Bloom Energy technology, with construction expected to begin in 2026 and operations targeted for the end of 2028.
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Oct 15 (Reuters) — The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Netflix is laying off 6% of its staff, or roughly 1,000 positions globally, amid slowing growth and customer engagement. - Streaming platform YouTube, owned by
American Electric Power plans to invest about $4 billion in a Wyoming fuel cell generation project to meet growing energy demand from Alphabet's Google. Google will acquire power from Cheyenne Fuel Cell, which is about 92% owned and controlled by AEP, under a 20-year agreement.
(Adds details throughout) Oct 14 (Reuters) — American Electric Power said on Wednesday it plans to invest about $4 billion in a 702-megawatt fuel cell project near Cheyenne, Wyoming, to supply Alphabet's Google under a 20-year power purchase agreement. Technology companies are seeking new sources of electricity to meet