AEP plans a 702 MW fuel-cell plant under a Google contract

On Oct. 14, 2026 American Electric Power said it plans to invest about $4 billion in a 702-megawatt Bloom Energy fuel-cell plant near Cheyenne, Wyoming, under a 20-year power purchase agreement with Google. AEP said Google will buy power from Cheyenne Fuel Cell, about 92 percent owned by AEP, with construction planned to start in 2026 and full operation targeted by the end of 2028. AEP said the project includes plans for carbon capture and follows Google agreements with Black Hills that took effect Sept. 30. Utility Dive reported the same AEP figures the next day. A Google newsroom post was not opened.