River Bend AI Data Center Lease
Sector: Data Center • Location: Louisiana, United States
Source: TS2
Hut 8 Corp. entered a 15-year lease with a Fluidstack subsidiary for 245 MW of IT capacity at its River Bend campus in Louisiana. The lease includes a financial backstop from Google covering rent and certain obligations. The lease is triple net (NNN) and includes a right of first offer for up to an additional 1,000 MW of IT capacity. The initial data hall is scheduled for completion and commission
- Status
- Prospective
- Sector
- Data Center
- Location
- Louisiana, United States of America
- Updated
- 22 Jul 2026
- Source
- TS2
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Project Information
Participants
Company |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Hut 8 Corp. entered a 15-year lease with a Fluidstack subsidiary for 245 MW of IT capacity at its River Bend campus in Louisiana. The lease includes a financial backstop from Google covering rent and certain obligations. The lease is triple net (NNN) and includes a right of first offer for up to an additional 1,000 MW of IT capacity. The initial data hall is scheduled for completion and commissioning in Q2 2027, with additional halls expected later in 2027. Project-level financing of up to 85% loan-to-cost is expected to be funded by J.P. Morgan and Goldman Sachs, subject to definitive agreements and closing conditions. |
Original sector | Data Centers |
Budget |
Location
Country | United States of America (USA) |
State | Louisiana |
Source
Source | TS2 |
URL |
More Details
Record type | Project |
Sector | Data Center |
Article published date | 2025-12-29 |
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