May 16, 2026
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Beacon Point Sets the 1-GW Template While 300 GW Wait in Queue
Hut 8's 1-GW Beacon Point campus in Nueces County locked a sole-source EPCM with Jacobs, backed by a 15-year triple-net lease valued at $9.8 billion, with AEP Texas interconnection executed and substation construction underway.
May 14, 2026
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Hill County Draws the Line. Eight Projects Now Wait a Year.
Meanwhile Hut 8 just awarded Jacobs the EPCM contract for Beacon Point, a 1 GW campus in Nueces County with full utility interconnection already secured before groundbreaking.
May 6, 2026
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Hut 8 Redesigned a 224 MW Hall to 352 MW. Same Footprint, Same Utility Tie.
The deal anchors Texas as the proving ground for the power-first, tenant-flexible development model: AEP on power, Vertiv on critical systems, Jacobs on EPCM, with initial energization targeted Q1 2027.