Hut 8 Corp., an energy infrastructure platform integrating power, digital infrastructure and compute at scale to fuel next-generation, energy-intensive technologies, has announced the commercialization of the first phase of its Beacon Point data center campus in Nueces County, Texas, through a 15-year, $9.8 billion lease for 352 megawatts of IT capacity. The tenant, a high-investment-grade company, will deploy dedicated compute infrastructure at the campus to support artificial intelligence (AI) training and inference workloads at hyperscale.
Beacon Point is the second AI data center campus commercialized under the company's power-first, greenfield development model following River Bend. Hut 8 has executed an interconnection agreement for 1,000 megawatts of utility capacity, with initial energization expected in in first quarter 2027.
As with River Bend, Hut 8 identified and secured the site through its power-first approach and subsequently commercialized it through a
