Effective Feb. 28, 2025, The Williams Companies entered into an agreement with an unnamed large, investment-grade company to provide onsite natural gas and power generation infrastructure for the customer, Williams said in a recent filing made with the Securities and Exchange Commission.
Williams has agreed to invest approximately $1.6 billion to provide committed power generation and associated gas pipeline infrastructure, with anticipated completion in the second half of 2026, assuming timely receipt of permits.
“This is the Company’s first power innovation project to deliver speed-to-market solutions for growing demand in grid-constrained markets,” it said in the filing.
The project is backed by a 10-year, primarily fixed-price power purchase agreement, with an option for the customer to extend.
