Hut 8 Invests $16 Million to Expand Water Infrastructure for Louisiana AI Data Center

According to ChainCatcher, Hut 8 announced an agreement with West Feliciana Parish in Louisiana on May 19 to invest approximately $16 million expanding local water infrastructure capacity to support its River Bend AI data center development. The investment includes constructing new water wells and approximately 8 miles of water distribution pipeline, expected to complete by the second half of 2026 and will be transferred to the parish at no cost.

The River Bend facility's first phase represents a multi-billion dollar capital investment and is projected to support 268 jobs upon full operation. The data center will utilize a closed-loop cooling system to reduce demand on local water resources.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments