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 7, 2026
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Trump Districts Hold 59% of Texas Datacenters. The 2027 Session Just Got Interesting.
Hut 8 commercialized the first phase of Beacon Point in Nueces County with a 15-year, 352 MW IT lease worth $9.8 billion base-term, anchored by an interconnection agreement for 1,000 MW of utility capacity with AEP, energization expected Q1 2027.
May 6, 2026
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Hut 8 Redesigned a 224 MW Hall to 352 MW. Same Footprint, Same Utility Tie.
Hut 8 commercialized the first phase of its Beacon Point campus in Nueces County with a 15-year, 352 MW triple-net lease valued at $9.8 billion in base term, lifting total contracted AI capacity to 597 MW and aggregate base-term value to $16.8 billion.