Beacon Point AI Data Center Campus Lease
Sector: Power Generation (CCGT) • Location: Texas, United States
Source: CTV News
Hut 8 signed a 15-year lease worth US$9.8 billion for its Beacon Point data center campus in Texas. The agreement covers 352 MW capacity in the first phase of the project with an undisclosed tenant who will install computing equipment to support large-scale AI training and operations. The project is part of a planned 1 gigawatt campus reflecting growing demand for energy-hungry data centers driven
- Status
- Prospective
- Sector
- Power Generation (CCGT), Data Center, Commercial
- Location
- Texas, United States of America
- Updated
- 22 Jul 2026
- Source
- CTV News
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Project Information
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 signed a 15-year lease worth US$9.8 billion for its Beacon Point data center campus in Texas. The agreement covers 352 MW capacity in the first phase of the project with an undisclosed tenant who will install computing equipment to support large-scale AI training and operations. The project is part of a planned 1 gigawatt campus reflecting growing demand for energy-hungry data centers driven by AI. Power is expected to be connected in early 2027, with the first building scheduled for completion later that year. The project 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 | CTV News |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Data Center, Commercial |
Article published date | 2026-05-09 |
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