What is the duration and purpose of Chevron's power supply deal with Microsoft?

Chevron has signed a 20-year deal with Microsoft to provide natural-gas fired power for a proposed data center in West Texas. The agreement supports Microsoft's need for reliable electricity to power its rapidly expanding data centers, which underpin AI services such as ChatGPT and Copilot.

What is Project Kilby, and when is it expected to begin operations?

Project Kilby is the name of the power plant Chevron will develop under the deal with Microsoft; it is expected to deliver first power by 2028 and ramp up to a capacity of 2.67 gigawatts over time. Chevron expects to announce a final investment decision for Project Kilby by the end of this year.

Chevron Signs Power Supply Deal with Microsoft for Texas Data Center

Jun 22, 2026

Chevron signed a 20-year natural gas power deal with Microsoft for a Texas data center, with Project Kilby targeting 2.67 gigawatts capacity by 2028.

reuters

Microsoft and Chevron Sign 20-Year Power Deal For Texas Data Center

bloomberg

2026-06-22

Chevron Signs Power Supply Deal with Microsoft for Texas Data Center

Chevron Signs Power Supply Deal with Microsoft for Texas Data Center

FAQ