Data Center View - January 6, 2026 - Jacobs, Hut 8 launch $10B campus in Louisiana

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NEWS ROUNDUP

DEVELOPMENT: Jacobs, Hut 8 launch $10 billion campus in Louisiana. Jacobs has begun work on Hut 8’s $10 billion hyperscale data center campus in West Feliciana Parish, Louisiana, with first-phase construction now underway and operations targeted for Q2 2027. Jacobs is providing engineering, procurement and construction management, alongside infrastructure partner Vertiv. J.P. Morgan and Goldman Sachs will underwrite project-level financing covering up to 85% of costs. Hut 8 has secured 330 MW from Entergy Louisiana, with capacity to scale by 1,000+ MW, positioning River Bend among the world’s largest data center developments at full buildout. Jacobs CEO Bob Pragada said the firm’s data center pipeline has grown fivefold, calling the project a potential “benchmark for AI infrastructure.”

DEVELOPMENT: EdgeConneX to build $1.4 billion campus in Texas. EdgeConneX is moving forward with a $440 million, 578,000-SF data center in Cedar Creek, Texas, the first phase of a planned four-building, $1.4 billion campus on roughly 130 acres in Bastrop County. The two-story facility is scheduled to complete in June 2026.

DEVELOPMENT: Cipher Mining expands with 200MW Ohio site. Cipher Mining has acquired a 200MW site in Ohio called Ulysses, marking its first expansion outside Texas. The purchase includes 195 acres and secured power capacity from AEP Ohio, with energization expected in Q4 2027. CEO Tyler Page said hyperscaler demand is driving the need for large-scale sites.

M&A: Alphabet to acquire Intersect Power for $4.75 billion. Alphabet has agreed to acquire Intersect Power for $4.75 billion in cash, strengthening its ability to secure power for expanding data center operations. Intersect will continue to operate as a separate company from Google, with its team retained and backed by Alphabet’s balance sheet.

READ: Just how big is the data-center boom?

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