AEP to Invest $4B in 702 MW Wyoming Bloom Fuel-Cell Plant Under 20-Year Google PPA

American Electric Power will invest ~$4B to build a 702 MW Bloom Energy fuel-cell generation project near Cheyenne, Wyoming, selling the output to Google under a 20-year power purchase agreement. Construction starts this year, full operation targeted by end-2028, with planned carbon-capture integration for near-zero emissions. Cheyenne Fuel Cell LLC is ~92% AEP-controlled; Basalt Infrastructure Partners holds the remaining ~8%.