AEP Advances Innovative Energy Solution for Google with 702MW of Bloom Fuel Cells
PR Newswire•14/10/2026•08:00 ET
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Key Highlights
- ➤AEP plans approximately $4 billion investment in 702MW Wyoming fuel-cell project
- ➤Google signs 20-year power purchase agreement for Cheyenne Fuel Cell output
- ➤Construction planned for 2026; facility expected fully operational by end of 2028
- ➤AEP owns approximately 92% of Cheyenne Fuel Cell, with Basalt funds owning nearly 8%
Expert Statements
Bill Fehrman, Chairman, president and chief executive officer of AEP
“As power demand continues to grow, AEP is bringing together new technologies and strong partnerships to deliver reliable, innovative energy solutions quickly and at scale.”
Bill Fehrman, Chairman, president and chief executive officer of AEP
“This project demonstrates how we are creating new opportunities to meet evolving energy needs for customers both within and beyond our traditional service territory.”
AEP Advances Innovative Energy Solution for Google with 702MW of Bloom Fuel Cells PR Newswire
COLUMBUS, Ohio, Oct. 14, 2026 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) plans to invest approximately $4 billion to advance a new 702-megawatt fuel cell generation project near Cheyenne, Wyoming, under a long-term 20-year power purchase agreement (PPA) with Google, marking a significant step in AEP's strategy to serve growing demand from large-scale customers.
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