ENGIE teams up with Cipher Mining to power Texas data center

PR Newswire | Source: MorningStar | Posted 05/14/2025

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ENGIE North America (ENGIE) announced it has entered into a preliminary agreement with Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher") to enter into a power supply agreement to power a Cipher data center in Texas. Once executed, the agreement would allow Cipher to purchase up to 300 megawatts (MW) of clean energy from one of ENGIE's wind facilities.

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ENGIE North America has announced a preliminary agreement with Cipher Mining Inc. to supply power for a data center in Texas. The agreement, once finalized, will enable Cipher to purchase up to 300 megawatts of clean energy from one of ENGIE's wind facilities. This collaboration aims to utilize renewable energy to alleviate transmission congestion in West Texas, where wind and solar resources are abundant but often face limitations due to bottlenecks.

The partnership is designed to enhance grid stability and reliability by leveraging surplus energy during periods of excess generation. David Carroll, Chief Renewables Officer at ENGIE North America, emphasized the company's commitment to innovative solutions that maximize renewable energy value and meet the growing power demands of customers. This agreement reinforces ENGIE's position as a leading provider of power purchase agreements globally.

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Source Link: https://www.morningstar.com/news/pr-newswire/20250513sf86805/engie-teams-up-with-cipher-mining-to-power-texas-data-center

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ENGIE teams up with Cipher Mining to power Texas data center

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