Google Expands US Data Center Presence with Power Deals from AES and Xcel Energy
AI Summary1 min read
TL;DR
Google secured long-term power deals with AES and Xcel Energy to supply its new data centers in Texas and Minnesota, ensuring reliable energy for expansion. This move supports its growth as a top stock with hedge fund momentum.
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Alphabet AThe AesGoogledata centerspower dealsAESXcel Energy
Alphabet Inc. (GOOGL) secured power deals with AES and Xcel for its data centers, including a 20-year agreement with AES to power a new data center in Texas and an agreement with Xcel to power a new data center in Minnesota. The deals are aimed at securing power supply for Google's data centers across the country. GOOGL is one of 15 stocks with the biggest hedge fund momentum, after gaining 41 hedge fund holders during Q4 2025.
