Data Center View - November 10, 2026 - Lambda plans $33.1B Alabama data center campus

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NEWS ROUNDUP

DEVELOPMENT: Lambda plans $33.1B data center campus in Lowndes County, Alabama. Lambda plans an estimated $33.1 billion investment in its proposed Red Clay Technology Center Campus, with construction targeted for Q1 2027 and development expected to take up to five years. Cloverleaf Infrastructure, led by CEO David Berry, prepared the site. Lambda CEO Michel Combes and cofounder and CTO Stephen Balaban announced the project. Alabama Power would supply electricity, subject to regulatory approval.

ACQUISITION: Amazon buys 23-acre Chantilly data center site for nearly $100M. Amazon’s data center arm paid nearly $100 million for a 23-acre site in Loudoun County, Virginia, where it is proposing a data center. The proposed development is at the pre-application stage.

FINANCING: TeraWulf secures Google credit support and Fluor construction deal for Kentucky campus. TeraWulf secured Google credit support for anticipated debt financing tied to approximately $19 billion of contracted Anthropic leases at its Justified Data Campus in Hawesville. It also signed a definitive engineering, procurement and construction agreement with Fluor for three buildings, with phased service expected from late 2027 through Q2 2028. Guaranteed maximum pricing is being established as engineering and procurement advance. CEO Paul Prager said the agreements advance the campus toward execution, while CFO Patrick Fleury said Google’s support strengthens access to long-term financing.

POWER: Anthropic reportedly secures $3.4B of gas-fired generators for data centers. Anthropic bought commitments for 1.7GW of gas-fired generators from San Antonio-based OnePWR Solutions for about $3.4 billion, according to Financial Times reporting cited by Reuters. The late-September deal also included engineering and construction capabilities to install the equipment. Reuters could not independently verify the report, and the companies did not immediately respond to its requests for comment.

READ: Boise mayor proposes six-month pause on large data centers.

DATA CENTER PROPERTY FOR SALE

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73.354 Acres | Light Industrial Zoning | Marketed for Data Center Development | Utilities to Site | Contact Brokers for Pricing

108+ Acres | Heavy Industrial Zoning | Data Center Development Opportunity | Heavy Power Planned | Contact Brokers for Pricing

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