NextEra Energy Resources and Basin Electric Power Cooperative announce collaboration to bring responsible growth, jobs and economic benefits to North Dakota through development of the River Run Energy Center

Core Insights - NextEra Energy Resources and Basin Electric Power Cooperative have signed a memorandum of understanding to jointly develop a new combined-cycle natural gas generation facility in North Dakota, aimed at supporting a multi-gigawatt data center campus [1][3] Company Developments - The proposed facility is expected to have a capacity of approximately 1,450 megawatts, addressing the energy needs of large-scale technology infrastructures like data centers [3] - NextEra Energy Resources has invested over $3.7 billion in energy infrastructure in North Dakota since 2003, highlighting its commitment to the region [5] Industry Context - North Dakota is becoming increasingly attractive to businesses seeking reliable and cost-effective electricity, bolstered by robust energy infrastructure [3] - The collaboration between Basin Electric and NextEra Energy Resources is seen as a strategic move to support technology growth and innovation, aligning with the U.S. government's energy policies [4] - Basin Electric's Large Load Commercial Program is designed to serve high-demand energy users while ensuring that costs are covered by those users, promoting responsible economic growth [4][3]