Black Hills is surging after reaching an agreement to help power a planned Google data center in Wyoming, with multiple outlets reporting a deal valued at about $1.8 billion. Shares rise sharply on the news, with one source citing roughly a 5% jump.
The investment is framed as part of Black Hills’ plan to build or expand energy infrastructure needed to support the new facility. Channel NewsAsia reports the company is planning a $1.8 billion investment to serve the Google data center, describing the scale of the commitment. Other outlets focus more on the market reaction and the headline figure of the agreement.
While outlets differ in emphasis—some highlight the stock move and others emphasize the size and purpose of the investment—they align on the core point: Black Hills is moving forward with a major project to supply power for Google’s planned Wyoming data center.