New Delhi, July 30 -- JUNO BEACH, Fla. - The standard objection to large AI data centers in small communities is that the power they consume gets billed to households that did not commission them. NextEra Energy Inc. NEE and Brookfield Asset Management Ltd. BAM structured their Western Kentucky answer to that problem before announcing the campus.

The two companies said Tuesday they plan to jointly develop a $100 billion AI data center campus on a former Department of Energy site in Western Kentucky, pairing what would become one of the largest compute infrastructure investments in American history with a dedicated energy project designed to shield local residents and businesses from the cost increases that AI campuses have typically gene...