AEP plans to invest $4 billion in a 702 MW Bloom Energy fuel cell plant near Cheyenne to power Google under a 20-year PPA, with carbon capture targets.
Recently, American Electric Power says it plans to invest approximately $4 billion in a planned 702 megawatt fuel cell generation facility near Cheyenne, Wyoming. The company announced it will develop the plant through Cheyenne Fuel Cell, LLC, a project vehicle in which AEP holds 92 percent equity and funds advised by Basalt Infrastructure Partners hold 8 percent. AEP says the facility is intended to supply electricity to Google under a 20-year power purchase agreement.
AEP indicates construction is set to begin in 2026, with commercial operation targeted by late 2028, although the company did not confirm whether ground has broken….
