Oct 1 (Reuters) - U.S. pipeline operator Williams Companies (WMB.N) , opens new tab said on Wednesday it plans to invest about $3.1 billion in two projects to supply power to data centers.

The move takes the total capital committed to such 'power innovation' projects to about $5 billion, the company said in a filing.

Sign up here.

Power consumption is expected to hit record highs in 2025 and 2026, driven by a surge in demand from data centers used for artificial intelligence technologies, according to the U.S. Energy Information Administration (EIA). This rising demand is prompting utilities to add billions to capital plans to upgrade the grid and related infrastructure.

Williams on Wednesday said it would raise its 2025 capital spending plan by $875 million to between $3.45 billion and $3.75 billion.

The Tulsa, Oklohoma-based company did not disclose the locations of the two projects in the filing. It expects the transaction to close in the first half of 2027.

https://www.reuters.com/business/energy/williams-companies-invest-31-billion-two-power-projects-2025-10-01/