Oracle and We Energies Partnership Projects $300 Million in Fuel Cost Savings
Oracle has reached an agreement with We Energies that is projected to save utility customers $300 million in fuel costs. The deal involves Oracle purchasing power from the Point Beach Nuclear Plant to supply its planned data center campus in…
Green Bay Appleton, WI, October 6, 2026 —
Oracle has entered into an agreement with We Energies that is anticipated to deliver substantial savings for utility customers. The projected savings are estimated at $300 million in fuel costs.
Under the terms of the arrangement, Oracle will acquire power from the Point Beach Nuclear Plant. This power supply is intended to support the technology company’s planned data center campus, which is slated for development in Port Washington, Wisconsin.
The specifics regarding the timeline for this agreement and the commencement of Oracle’s data center operations were not immediately available. Additionally, further details on how the fuel cost savings will be allocated to We Energies customers were not provided.
The Point Beach Nuclear Plant is a significant energy generation facility, and its output is a component of the broader power supply managed by We Energies. This partnership signifies a notable instance of a technology company securing dedicated power resources to fuel its infrastructure needs, while simultaneously aiming to offset energy expenditures for a utility’s customer base.
Information regarding the contractor responsible for the data center construction or any associated permits for the Port Washington campus was not disclosed in the summary provided.
Story summarized from the original created by Danielle Kaeding on www.wpr.org, see more information here.
