Story perspectives
Microsoft Negotiates $7 Billion Gas Plant with Chevron
4/1/2026
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Story summary
- Microsoft Corp. is in exclusive negotiations with Chevron Corp. and Engine No. 1, an activist investment firm, to support a $7 billion natural-gas power plant in West Texas.
- The facility would generate 2,500 megawatts of electricity for a data center campus near Pecos in the Permian Basin.
- Operations could begin by 2027, pending tax and environmental approvals.
- If successful, the plant may expand to 5,000 megawatts.
