Black Hills plans $1.8 billion of capacity for a Google data center.

Black Hills said it expects to invest about $1.8 billion from 2027 through 2029 to supply a proposed Google data center near Cheyenne, Wyoming. The plan includes 564 megawatts of new capacity within a broader 2.7-gigawatt resource mix, with initial deliveries expected in late 2027 and peak demand around 2030.

Reuters reported that the buildout would rely mainly on a new gas-fired plant, supplemented by third-party resources and a private microgrid. The companies say Google will cover the full cost of the project; Black Hills projects roughly $150 million in annual net income from the arrangement by 2030.