Google Signs Largest Ever U.S. Hydropower Deal

Google has signed the world's largest Hydro Framework Agreement with Brookfield Asset Management and Brookfield Renewable to procure up to 3,000 megawatts of carbon-free hydropower for its U.S. data centers. The deal begins with a 20-year, $3 billion contract for 670 MW from the Holtwood and Safe Harbor plants in Pennsylvania, initially targeting the PJM and MISO electricity markets. Brookfield will upgrade and relicense its hydro assets to increase capacity and reliability while ensuring existing commitments, such as to Amtrak, are unaffected. The agreement supports Google's net-zero carbon goals and addresses increased electricity needs from AI and digital infrastructure growth. This marks a broader industry trend as major tech companies secure dedicated clean energy supplies. Google also plans to invest $25 billion in new data centers in Pennsylvania and neighboring states over the next two years.