00:00It's Benzinga, bringing Wall Street to Main Street
00:02Oracle said Tuesday it is investing in 10 wind projects that will deliver more than 1.7
00:07gigawatts of carbon-free electricity to the Texas grid as it expands its AI infrastructure,
00:11according to Benzinga. The projects will supply the ERCOT grid, which powers Oracle's Abilene
00:16facility, and are expected to generate enough electricity each year to power more than 525,000
00:22U.S. homes. Oracle said the investment moves it closer to matching 100% of electricity used by
00:28its current Texas AI data centers with carbon-free power. The company aims to reach that level across
00:33its custom AI data centers by 2035. Suppliers include Clearway Energy, NG, RWE, and Scout Clean Energy.
00:40Oracle shares were down about 1% Tuesday. For all things money, visit Benzinga.com.
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