Microsoft and Chevron Partner on a 20-Year Power Agreement for AI Infrastructure in Texas

Microsoft has signed a long-term power purchase agreement with Chevron to support its large-scale AI infrastructure project, Project Kilby. The deal aims to address the critical issue of reliable electricity supply needed for data centers by constructing a natural gas plant in West Texas.

By Chris Markoch, MarketBeat Thu, June 25, 2026 at 7:20 PM GMT+3 5 min read · Yahoo Finance ·

Microsoft and Chevron Partner on a 20-Year Power Agreement for AI Infrastructure in Texas

Tickers: $CVX $MSFT

Topics: AI infrastructure data centers Microsoft Azure power purchase agreement

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