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Google signs 15-year power deal with Linea Energy. As w.media's Europe and Americas correspondent, Conor covers the data center industry in the western hemisphere. Conor's decade long experience spans digital infrastructure, software, cybersecurity, telecom, biotech, and construction. May 18, 2026 at 1:08 PM GMT+8 Google has signed a 15-year power purchase agreement (PPA) with Linea Energy, an independent renewable energy production company, for electricity from a solar project in Texas. The agreement covers 500 MW from the 3,526-acre Duffy Solar Project in Matagorda County, Texas. According to a press release, the power will be used to support Google's data centre operations in the Electric Reliability Council of Texas market. Construction of the Duffy Solar Project is scheduled to begin in Q3 2026. The site is co-located with the 235 MWac Duffy BESS project, which is already under construction. Cassidy DeLine, CEO, Linea Energy, said, "We are pleased to sign this agreement to supply clean energy in Texas to Google, one of the world's largest buyers of clean power, this transaction highlights Linea's credibility amongst the largest hyperscalers and the ability to support affordability and grid reliability." Will Conkling, Director of Energy and Power, Google, said, "By collaborating with Linea Energy to bring new low-cost power to the grid, we are helping to ensure the Lone Star State's energy system remains affordable for local families and businesses" In the latest Mordor Intelligence report on the U.S. data center market the industry is projected to grow from US$ 114.48 billion in 2025 to US$ 122.08 billion in 2026 and reach US$ 168.34 billion by 2031, reflecting a 6.64 percent CAGR over 2026-2031. Installed capacity is expected to nearly double from 57.08 thousand MW in 2025 to 109.56 thousand MW by 2030, driven by a 13.93 percent CAGR through 2030. Growth is being fueled by hyperscale cloud expansion and AI infrastructure demand, supported by over US$ 200 billion in investment commitments from major providers. Austin is the fastest-growing hub with a 5.21 percent CAGR through 2030.

Linea Energy closes project debt financing for Watertown solar in Michigan. PR Newswire Today at 10:31am PDT SAN FRANCISCO, March 24, 2026 /PRNewswire/ - Linea Energy ("Linea"), a U.S. based renewable energy developer and independent power producer ("IPP"), that is sponsored by EnCap Investments L.P. ("EnCap"), announced today that it has closed project financing for its Watertown solar project ("Watertown"). Watertown is a 172 MWdc utility-scale solar energy facility located in Sanilac County, Michigan. The Watertown financing package includes a construction-to-term loan, a tax equity bridge loan, and a letter of credit facility. The financing is led by Santander Corporate & Investment Banking, ("Santander"), with participation from Société Générale, S.A. ("SocGen"), Norddeutsche Landesbank Girozentrale ("NORD/LB") and Truist Bank ("Truist"). Linea has also executed a 25-year power purchase agreement ("PPA") with Consumers Energy, a public entity operating under the jurisdiction of the Michigan Public Service Commission ("MPSC"). "We are thrilled to announce the successful financing of Watertown," said Cassidy DeLine, Chief Executive Officer of Linea Energy. "With the support of our financing partners and our long-term agreement with Consumers Energy, Watertown will bring meaningful economic benefits to Sanilac County while supporting the state's long-term transition to a resilient, low-carbon grid." "Santander is proud to partner with Linea Energy on the financing of Watertown," said Nuno Andrade, U.S. Head of Structured Finance and Global Head of Structured Finance Digital Infrastructure and REGAL, Santander Corporate & Investment Banking. "This project underscores the strength of Linea's platform and will deliver long-term value for Michigan communities and the broader renewable energy sector." Now under construction, Watertown is expected to support approximately 150 construction jobs and generate enough clean energy to power 25,126 Michigan homes annually on the Midcontinent Independent System Operator ("MISO") market beginning in April 2027. Over the next 20 years, the project is projected to deliver $16.4 million in local property tax revenue and reduce carbon emissions by approximately 148,389 pounds annually, supporting a cleaner, more resilient energy grid across Michigan. This financing marks Linea's third renewable energy project to reach financial close. Winston & Strawn served as legal counsel to the lenders. Orrick, Herrington & Sutcliffe served as borrower counsel to Linea Energy. About Linea Energy Linea Energy is a leading independent power producer focused on the development, ownership, and operation of clean energy infrastructure. Headquartered in San Francisco, California, Linea is committed to driving the energy transition through the efficient development of a diverse portfolio of wind, solar, and battery energy storage projects. In partnership with EnCap Investments, Linea is dedicated to creating sustainable energy solutions that support a low-carbon future. Linea is focused on re-envisioning existing development strategies and creating unique processes to build more, faster. For more information, visit www.lineaenergy.com. About EnCap Investments Since 1988, EnCap Investments has been a leading provider of growth capital to the independent sector of the U.S. energy industry. The firm has raised 25 institutional investment funds totaling approximately $42 billion and currently manages capital on behalf of more than 350 U.S. and international investors. Founded in 2019, the EnCap Energy Transition platform is led by four Managing Partners, each with 30-35 years of experience in the development and operations of renewable energy and other power generation assets. For more information, please visit www.encapinvestments.com. SOURCE Linea Energy This is a paid placement. For further inquiries, please contact PR Newswire directly.