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    A Billion Dollars

    Google intends to invest $1 billion-plus in Dallas-area data centers

    Teresa Gubbins
    Aug 15, 2024 | 12:27 pm
    U.S. Congressman Jake Ellzey

    U.S. Congressman Jake Ellzey

    Google

    Google is making a big investment in Texas to the tune of $1 billion. According to a release, the tech giant will spend more than $1 billion to support its cloud and data center infrastructure. The company is also expanding its commitment to clean energy.

    The $1 billion will be spent on data center campuses in Midlothian and Red Oak to help meet growing demand for Google Cloud, AI innovations, and other digital products and services such as Search, Maps, and Workspace.

    The investment was announced at a conference in Midlothian on August 15, attended by muckymucks and politicians including U.S. Congressman Jake Ellzey, Google Cloud VP Yolande Piazza, Ted Cruz, and Citi CIO Shadman Zafar.

    The Dallas cloud region is part of Google Cloud's global network of 40 regions that delivers services to large enterprises, startups, and public sector organizations.

    In a statement, Piazza said that "expanding our cloud and data center infrastructure in Midlothian and Red Oak reflects our confidence in the state's ability to lead in the digital economy."

    Data centers are the engines behind the growing digital economy. Google has helped train more than 1 million residents in digital skills through partnerships with 590 local organizations, including public libraries, chambers of commerce, and community colleges.

    In addition to its cloud region and Midlothian data center, Google has offices in Austin, Dallas, and Houston. The new Google’s total investment in Texas to more than $2.7 billion.

    Exactly how the $1 billion-plus will be spent, they do not say.

    "It is just to support infrastructure of the facilities, evenly distributed — that's as much as we know at this time," a spokesperson says.

    If you Google "how to improve data centers," AI offers these suggestions:

    • Airflow management - Helps regulate the temperature and protects servers from dust and other debris.
    • Cooling - Data centers need enough airflow to keep systems cool and prevent overheating.
    • Energy efficiency - Data centers consume a lot of energy to power and cool equipment, so increasing energy efficiency can reduce a data center's carbon footprint. Some strategies include using energy-efficient equipment, adopting renewable energy, and reducing waste.
    • Hot-aisle/cold-aisle - This arrangement of server racks separates hot and cold airflows to optimize energy efficiency
    • Optimize storage - Optimizing databases can reclaim unused space, which can improve efficiency and performance.

    … Although that doesn't sound like $1 billion worth of investment.

    Clean energy
    Google has also forged long-term power purchase agreements (PPAs) with Elawan, Engie N.A., Grupo Cobra, and X-ELIO for solar energy based in Texas. Together, these new agreements are expected to provide 375 MW of carbon-free energy capacity, which will help support Google’s operations in Texas.

    These agreements were facilitated through LEAP (LevelTen Energy’s Accelerated Process) , which was co-developed by Google and LevelTen Energy to make sourcing and executing clean energy PPAs more efficient, and contributes to the company’s ambitious 2030 goal to run on 24/7 carbon-free energy on every grid where it operates.

    The company has contracted with energy partners to bring more than 2,800 megawatts (MW) of new wind and solar projects to the state. Google’s CFE percentage in the ERCOT grid region, which powers its Texas data centers, nearly doubled from 41 percent in 2022 to 79 percent in 2023.

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    Big business

    24 Dallas-Fort Worth companies register on 2026 Fortune 500 list

    John Egan
    Jun 15, 2026 | 9:23 am
    AT&T Discovery District
    scontent-dfw5-1.xx.fbcdn.net
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    With 2025 revenue of $403.4 billion, Irving-based McKesson far and away leads Dallas-Fort Worth’s group of 24 companies listed on this year’s Fortune 500.

    The $403.4 million figure puts McKesson at No. 1 among the 57 Fortune 500 companies in Texas and at No. 8 nationally. DFW’s next-highest-ranked Fortune 500 company, No. 32 AT&T, produced $125.6 billion in revenue last year.

    DFW fared better on this year’s list than last year’s, going from 22 companies to 24.

    Who owns bragging rights as DFW’s headquarters for Fortune 500 companies? Dallas, with 11 headquarters on the list. Next in line is Irving, which claims eight headquarters.

    Altogether, DFW’s two dozen Fortune 500 companies generated nearly $1.1 trillion in revenue last year. That figure roughly equates to Poland’s annual economic output, or gross domestic product (GDP).

    In an online article about the 2026 Fortune 500, the Dallas Regional Chamber says DFW’s “influence as a corporate powerhouse” keeps growing.

    “For DFW, these rankings reinforce a long-term trend,” the chamber says. “Companies across industries continue to choose the region because of its strategic location, business climate, talent pipeline, ability to support growth, and overall quality of life. As new companies establish headquarters and existing employers expand, DFW’s concentration of major corporations continues to fuel investment, job creation, and economic opportunity throughout the region.”

    Here’s the full rundown of this year’s Fortune 500 companies based in Dallas-Fort Worth, including two newcomers — construction engineering company Primoris Services and mattress manufacturer Somnigroup International.

    • 5 — Irving-based McKesson
    • 32 — Dallas-based AT&T (which is moving its headquarters to Plano)
    • 50 — Dallas-based Energy Transfer
    • 63 — Irving-based Caterpillar
    • 85 — Fort Worth-based American Airlines
    • 115 — Dallas-based CBRE
    • 132 — Arlington-based D.R. Horton
    • 157 — Dallas-based Southwest Airlines
    • 164 — Dallas-based HF Sinclair
    • 183 — Westlake-based Charles Schwab
    • 209 — Dallas-based Tenet Healthcare
    • 262 — Frisco-based Keurig Dr Pepper
    • 244 — Irving-based Vistra
    • 245 — Dallas-based Texas Instruments
    • 265 — Irving-based Kimberly-Clark
    • 271 — Dallas-based AECOM
    • 288 — Irving-based Fluor
    • 292 — Irving-based Builders FirstSource
    • 362 — Dallas-based Jacobs Solutions
    • 367 — Plano-based Yum China
    • 419 — Irving-based Celanese
    • 470 — Irving-based Commercial Metals
    • 472 — Dallas-based Primoris Services
    • 499 — Dallas-based Somnigroup International

    The state’s other mega-metro, Houston, has more Fortune 500 headquarters than DFW — 27.

    Texas leads the nation for Fortune 500 headquarters (57), with California in the No. 2 spot and New York at No. 3.

    “Texas is the undisputed headquarters of headquarters,” Gov. Greg Abbott said in a news release. “The world’s leading businesses invest with confidence in Texas because of our welcoming business climate, predictable regulatory environment, and skilled and growing workforce. People and businesses are choosing Texas because Texas works.”

    The 2026 Fortune 500 ranks the largest U.S. corporations based on revenue in fiscal year 2025.

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