DTE Energy Secures Data Center Power Deals with Oracle and Alphabet

Key Facts

1DTE Energy secured hyperscale data center power deals with Oracle and Alphabet in Michigan.

2DTE stock has declined nearly 10% over the past month despite projected load growth from data centers.

DTE Energy secured hyperscale data center power deals with Oracle and Alphabet in Michigan. According to 247wallst.com, these agreements were finalized despite DTE stock declining nearly 10% over the past month, even as projected load growth from data centers continues to rise.

DTE closed at $121.18 on September 24, 2026, while ORCL was trading at $138.3 and GOOGL at $343.86 on September 25, 2026. These deals highlight the surge in AI-driven electricity demand, positioning utilities as critical infrastructure providers for big tech firms like Microsoft, whose stock was trading at $516.975 on September 25, 2026.