Hut 8 releases Beacon Point data center campus presentation outlining 1,000 MW Texas buildout plans

HUT 8
American Electric Power Company, Inc.

HUT 8

HUT

0.00

American Electric Power Company, Inc.

AEP

0.00
  • Hut 8 outlined Beacon Point, a Texas AI data center campus in Nueces County with 1,000 MW of utility capacity under an AEP Texas interconnection.
  • Campus fully commercialized under two 15-year triple-net leases totaling 704 MW of contracted IT capacity, split into two 352 MW phases.
  • Base-term contract value totals USD 19.6 billion, with 3% annual rent escalators; renewal options lift potential value to USD 50.2 billion.
  • Target initial delivery and commissioning: Phase 1 in Q3 2027; Phase 2 in Q2 2028.
  • Projected average annual NOI contribution listed at USD 655 million per lease, or USD 1.3 billion total.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hut 8 Corp. published the original content used to generate this news brief on July 20, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.