Google Secures 1.2 GW Clean Energy Agreements to Power Data Centers
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 18 2026
0mins
Source: Fool
- Power Purchase Agreements: Google has signed nearly 1.2 GW of clean energy purchase agreements with Clearway Energy Group, which will provide sufficient electricity to support its rapidly growing cloud and AI businesses.
- Project Construction Plans: Clearway plans to build over 1 GW of projects in Missouri, Texas, and West Virginia, with commercial service expected to begin in 2027 and 2028, significantly enhancing Google's supply capabilities in regions with growing demand.
- Nuclear Energy Collaboration: Google signed a 25-year power purchase agreement with NextEra Energy to support the restart of the 615 MW Duane Arnold Energy Center by 2029, further strengthening its position in the nuclear energy sector to meet the surging power needs in the U.S.
- Strategic Partnership: The strategic collaboration with NextEra will accelerate the development of new data centers, leveraging their expertise in power solutions to ensure Google's competitiveness and stability in power supply for its AI initiatives.
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Analyst Views on CWEN
Wall Street analysts forecast CWEN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CWEN is 39.29 USD with a low forecast of 34.00 USD and a high forecast of 50.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
6 Buy
1 Hold
0 Sell
Strong Buy
Current: 36.270
Low
34.00
Averages
39.29
High
50.00
Current: 36.270
Low
34.00
Averages
39.29
High
50.00
About CWEN
Clearway Energy, Inc. is the owner of clean energy generation assets. It invests in energy infrastructure and focuses on investments in clean energy and owns sustainable and long-term contracted assets across North America. Its portfolio comprises approximately 12.7 gigawatts (GW) of gross capacity in 27 states, including 9.9 GW of wind, solar, and energy storage and over 2.8 GW of dispatchable power generation providing critical grid reliability services. Its operating facilities include Carlsbad, El Segundo, GenConn Devon, GenConn Middletown, Marsh Landing and Walnut Creek. Its utility-scale solar projects include Agua Caliente, Alpine, Avenal, Avra Valley, Blythe, Daggett 3, Desert Sunlight 250, Kansas South, and others. Its wind projects include Black Rock, Buffalo Bear, Cedro Hill, and others. It also operates the 137-megawatt (MW) Tuolumne Wind Project in Klickitat County, Washington and the 109 MW Catalina Solar facility in Kern County, California.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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