Chevron (NYSE: CVX) has signed a 20-year agreement to supply natural gas for Microsoft's Project Kilby AI data center in West Texas. The project is designed to support the growing energy demands of large-scale AI computing with a dedicated power supply independent of the public electricity grid. The facility is expected to consume nearly 2.7 gigawatts (GW) of electricity—enough to power approximately 2 million homes. GE Vernova (GEV) will supply most of the gas turbines for the project, while Caterpillar (CAT) will provide additional turbine equipment. Sector: Energy / AI Infrastructure Key Highlights 🤝 Chevron signed a 20-year natural gas supply agreement with Microsoft ⚡ Project Kilby is expected to require 2.7 GW of dedicated power capacity 🏠 Power demand is equivalent to supplying around 2 million homes 🏭 GE Vernova and Caterpillar will provide gas turbine technology for the facility 📅 Chevron expects to make a final investment decision later this year, with power delivery scheduled to begin in 2028 🔌 The power system will operate independently of the public electric grid Why It Matters As AI data centers require significantly more electricity than traditional cloud facilities, companies are increasingly securing dedicated energy sources to ensure reliable, uninterrupted operations. This agreement highlights the growing collaboration between the energy and technology sectors to support the next generation of AI infrastructure. https://www.thinksabio.com/reports/isr/#CVX