“We continue to see incredible momentum and tangible interest for power from large load customers and are in active late-stage discussions for another 12 gigawatts of contracted load through the mid-2030s, an increase of 2 gigawatts from what we shared last quarter.”

In context

“llion of investment to the Nicor Gas service territory. Looking ahead, the interest from large load customers in our electric service territories, which includes data centers and large manufacturers, remains strong, with a prospective pipeline of well over 75 gigawatts. We continue to make incredible progress advancing projects through stages in our large load process to finality with executed contracts. As Chris mentioned, over the past two months Georgia Power signed two projects representing 1.9 gigawatts, pushing the cumulative amount of contracted large loads to over 11 gigawatts across Alabama, Georgia, and Mississippi. These bilaterally negotiated contracts, with pricing and terms designed to both protect and benefit existing customers, also support our long-term financial outlook. We continue to see incredible momentum and tangible interest for power from large load customers and are in active late-stage discussions for another 12 gigawatts of contracted load through the mid-2030s, an increase of 2 gigawatts from what we shared last quarter. Importantly, roughly 6 gigawatts, or half of these late-stage gigawatts, are expected to be finalized with executed contracts in the near term. In a little over two months, we have seen projects representing 12 gigawatts advance into the next stage in our large load process. The demonstrated progress we are making in attracting and signing new agreements with large load customers is exciting and continues to drive projected growth in our risk-adjusted load forecast, which ultimately helps inform future generation needs and generation request for proposals, or RFPs, across our service territory. For example, Georgia Power recently initiated the regulatory process for an all-source RFP to procure 2 to 6 gigawatts of new dispatchable generation resources, including from thermal generation, b”