Hut 8 Beacon Point AI Data Center Campus
AI dedicatedOperated by Hut 8 · TX, US3 srcupdated 5d ago
Hut 8's second greenfield AI data center campus, on an approximately 521-acre property in Nueces County, Texas, with 1,000 MW of utility capacity secured under an interconnection agreement with AEP Texas. A first 15-year, 352 MW IT lease with a high-investment-grade tenant was reported in Hut 8's Q1 2026 results, financed by a $4.25 billion offering of 6.129% senior secured notes due 2042 priced 4 June 2026. On 20 July 2026 the same tenant signed a second 15-year, 352 MW lease worth $9.8 billion, doubling contracted capacity to 704 MW and taking campus base-term contract value to $19.6 billion. Coordinates are county-level; the exact parcel is not disclosed.
Compared to peers
Compared with 166 peer facilities in US.
- Capacity (MW)
- 1,4085×+ above median
- median 26 · p95 1,800
- Supplier coverage
- 0no peers
- median 0 · p75 0
- Announce → online lag
- in progress
- no completions yet
Bands describe deviation from peer median; not a judgment.
Ownership chain (Hut 8)
No ownership chain tracked yet for this entity. Investigators can add parent companies via the ownership_edge table or community findings.
Public subsidies & incentives
No subsidies, tax abatements, or public incentives recorded for this facility yet.
Permits
No permits tracked for this facility yet. Public records (county permits, environmental filings, grid interconnect filings) can be sourced via community findings.
Timeline
- Announced
- —
- Groundbreak
- —
- Online
- —
- Full capacity
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Power
- Primary source
- grid-mixed
- Utility
- —
- PUE pledged
- —
Suppliers (0)
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Sources (3)
- filingHut 8 Fully Commercializes 1 GW Beacon Point AI Data Center Campus with Second 352 MW IT Lease (Form 8-K Exhibit 99.1)2026.7.20
- filingHut 8 Announces Pricing of $4.25 Billion of Investment-Grade Senior Secured Notes for Beacon Point Data Center Project (Form 8-K Exhibit 99.1)2026.6.04
- filingHut 8 Reports First Quarter 2026 Results (Form 8-K Exhibit 99.1)2026.5.06
Community findings (0)
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