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Beacon Point AI Data Center Campus Lease

Sector: Power Generation (CCGT) • Location: Texas, United States

Source: Indiatimes

Project
Planned

Hut 8 has signed a 15-year lease worth $9.8 billion for its Beacon Point data center campus in Nueces County, Texas. The project is part of a planned 1 gigawatt campus designed to meet the growing demand for energy-intensive AI data centers. The first phase covers 352 MW capacity with an undisclosed tenant who will install computing equipment for large-scale AI training and operations. Power conne

Status
Prospective
Sector
Power Generation (CCGT), Data Center, Commercial
Location
Texas, United States of America
Updated
22 Jul 2026
Source
Indiatimes

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Project Information

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The project “Beacon Point AI Data Center Campus Lease” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Texas, United States. Taiyo aggregates data on it from Indiatimes.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Hut 8 has signed a 15-year lease worth $9.8 billion for its Beacon Point data center campus in Nueces County, Texas. The project is part of a planned 1 gigawatt campus designed to meet the growing demand for energy-intensive AI data centers. The first phase covers 352 MW capacity with an undisclosed tenant who will install computing equipment for large-scale AI training and operations. Power connection is expected in early 2027, with the first building completion later that year. The facility is designed using Nvidia's latest data center systems and is being built with partners including American Electric Power, Vertiv, and Jacobs.

Original sector

Technology

Budget

Location

Country

United States of America (USA)

State

Texas

Source

Source

Indiatimes

URL

More Details

Record type

Project

Sector

Power Generation (CCGT), Data Center, Commercial

Article published date

2026-05-10

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