Chevron and Microsoft sign power deal for data centre in Texas, US

MSFT

Infrastructure, Energy, AI/Cloud

Positive

Source:

Microsoft has signed a power agreement with Chevron to supply electricity to a data centre project in Texas. The facility, known as Project Kilby, is designed to be built using a phased, modular approach.

The deal underscores Microsoft's continued investment in expanding its data centre infrastructure to support growing demand for cloud and AI computing capacity. The Texas project represents a significant addition to the company's power procurement strategy.

Why it matters

Securing dedicated power supply for large-scale data centres is critical to Microsoft's ability to scale its cloud and AI services; this deal signals continued capital commitment to infrastructure build-out in the United States.

Key facts

Microsoft and Chevron have signed a power supply agreement for a Texas data centre • The project is named Project Kilby • Construction will follow a phased, modular approach • The deal supports Microsoft's broader cloud and AI infrastructure expansion

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Informational content only; not investment, legal, tax, or financial advice. Frmr Finance is for fun. Times are in UTC. News is updated once an hour.

© 2026 Frmr Finance

Informational content only; not investment, legal, tax, or financial advice. Frmr Finance is for fun. Times are in UTC. News is updated once an hour.

© 2026 Frmr Finance

Informational content only; not investment, legal, tax, or financial advice. Frmr Finance is for fun. Times are in UTC. News is updated once an hour.

© 2026 Frmr Finance