Xin Lang Cai Jing·2026-02-24 13:09Core Viewpoint - AES has signed a 20-year agreement with Google to supply power for a new data center in Wilbarger County, Texas, along with a power generation project to support Google's operational expansion [1][4]. Group 1: Agreement Details - The agreement includes the construction of necessary shared power infrastructure for the new data center [3][6]. - AES has signed nearly 12 gigawatts of energy-related agreements with data center clients, with 9 gigawatts directly contracted with large cloud service providers [2][5]. Group 2: Market Impact - AES's stock rose by 1.2% in pre-market trading following the announcement [2][5]. - The surge in electricity demand driven by the AI boom has led utility companies to rush into power supply agreements with data center operators, raising concerns about increased electricity costs for consumers [2][5]. Group 3: Benefits of the Agreement - The agreement is expected to bring new clean energy projects to the data center, alleviate pressure on the local grid, and help control energy costs [2][5].