Zacks Investment Research
03 Jul 2026, 17:15 UTC · 16w ago
Is FirstEnergy Set to Benefit From Surging Data Center Demand?
Impact · against what's priced in
FirstEnergy and American Electric Power are seeing significant upward revisions to their load growth forecasts and infrastructure spending plans driven by AI data centers. This provides concrete visibility into long-term rate-base expansion and revenue growth for both utilities.
- FE+0.70
No priced-in read yet
- In context
The company's 2035 pipeline demand has increased 15% since February 2026 to 14.9 GW, with nearly 4 GW of potential load expected to be contracted soon.
Read from the article alone
