Chevron's (CVX) Chevron USA and investment firm Engine No. 1 said Tuesday that a new company will be formed that aims to power US-based data centers running on US natural gas.

The companies said the joint development, in conjunction with GE Vernova (GEV), is looking to deliver up to four gigawatts of power.

They said the first projects are expected to use seven US-made GE Vernova 7HA natural gas turbines and to serve co-located data centers in the Southeast, Midwest and West regions of the US.

Initial in-service is anticipated by the end of 2027, the companies said.