Beacon Point AI Data Center Campus Phase 1
Sector: Data Center • Location: Nueces County, Texas, United States
Source: Let's Data Science
Hut 8 signed a 15-year, $9.8 billion triple-net lease for 352 MW of IT capacity at its Beacon Point AI data center campus in Nueces County, Texas. The lease is with an undisclosed high investment-grade company and includes a 3% annual base rent escalator. The project is designed to Nvidia DSX reference architecture with initial energization expected in Q1 2027 and first data hall delivery expected
- Status
- Prospective
- Sector
- Data Center
- Location
- Nueces County, Texas, United States of America
- Updated
- 22 Jul 2026
- Source
- Let's Data Science
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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, $9.8 billion triple-net lease for 352 MW of IT capacity at its Beacon Point AI data center campus in Nueces County, Texas. The lease is with an undisclosed high investment-grade company and includes a 3% annual base rent escalator. The project is designed to Nvidia DSX reference architecture with initial energization expected in Q1 2027 and first data hall delivery expected in Q3 2027. This lease raises Hut 8's contracted AI capacity to 597 MW and total base-term contract backlog to about $16.8 billion across two campuses. |
Original sector | Infrastructure |
Budget |
Location
Country | United States of America (USA) |
State | Texas |
City | Nueces County |
Source
Source | Let's Data Science |
URL |
More Details
Record type | Project |
Sector | Data Center |
Article published date | 2026-05-10 |
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