Google Invests in Nuclear Plant Upgrades in Georgia; GE Vernova and Brookfield Renewable Stand to Benefit
Alphabet’s Google has entered into a partnership with Georgia Power, an affiliate of The Southern Company, to fund upgrades at two nuclear plants—Vogtle and Hatch. These 'uprates' will add 96 MW of new capacity to the grid, supporting data center construction while shielding residential customers from associated costs. The deal is expected to benefit GE Vernova (GEV), which provides equipment and services for nuclear reactors and electrical grids through its Power and Electrification businesses. The company has a significant presence at Georgia’s Hatch plant and could see increased orders due to the upgrades. Additionally, Brookfield Renewable Corporation (BEPC) may also gain from this development as it holds a 51% stake in Westinghouse Electric Company, which built reactors for Vogtle. Both companies stand to benefit from growing demand driven by cloud computing and AI infrastructure needs.
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Topics: Data Centers Energy Nuclear Power Partnerships