The company holds a 95% ownership stake in the facility, which is slated for development through 2029. Financial requirements for the project include an initial $100 million investment, expected to be fully deployed by the first quarter of 2027. While the current agreement focuses on the 200-megawatt baseline, the site architecture allows for potential scaling to exceed 500 megawatts by 2030.
CEO Tyler Hassen characterized the closing as a milestone in the company’s transition toward specialized infrastructure, noting that the deal was completed just weeks after the initial letter of intent was signed. Alongside the project rollout, the company confirmed that Alex Spiro will continue his tenure as Chairman of the Board. CleanCore intends to leverage this partnership model to expedite a broader portfolio of developments, aiming to align the project’s financial performance with established market benchmarks for large-scale data facilities.

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