By Simply Wall St
Publication Date: 2026-10-17 12:33:00
New Google data center deal puts Black Hills in the AI power conversation
Black Hills (BKH) has moved into the AI data center spotlight after disclosing long-term agreements to serve a planned Google facility in Cheyenne, Wyoming, which ties the utility directly to rising hyperscale power demand.
Recent trading has been strong, with Black Hills posting a 1-month share price return of 8.7% and a year-to-date share price gain of 10.0%. Total shareholder return of 26.2% over the past year and 78.5% over three years points to building momentum as investors react to the Google data center deal and fresh Arkansas rate approval.
Scan other utilities benefiting from the AI data center buildout by reviewing our curated list of 41 power grid technology and infrastructure stocks alongside the Black Hills story taking shape in Wyoming.
Black Hills has just rallied on concrete deals and fresh rate approval, not hype alone. Are investors now simply paying up for stronger fundamentals, or leaning…
