Shout out to people & friends doing good work out there on the buildout getting some shine in this piece.
@aterio_io@JaviR97@sergiotoro@curious_founder
Based on estimates from Aterio, which tracks company announcements, utility filings, building permits and satellite data, Amazon is expected to add the most data center and power capacity in the U.S. through 2030. But Google is expected to add capacity at the fastest rate. In fact, including leased capacity from third-party data center owners, Google will have significantly closed its gap with Amazon by 2030, according to Aterio.
Google stands out for “doing everything it can” to avoid building data centers that rely on fossil fuels, according to Michael Thomas, founder of data firm Cleanview
Interesting view from Bernstein - ~325GW pipeline, ~63GW under construction, ~34 GW defined as 'stranded' due to pushback
At current build rates, would take ~10 years to work through pipeline
Cite Aterio data
@ShanuMathew93 Project showing activity as of June still and technically still "on-track".
If Crusoe got booted, my bet is Google was/is the tenant involved. No way Oracle or Microsoft would have that much leverage on a project like this.
US data center power demand is forecast to more than double from 31 GW in 2025 to 66 GW in 2027, driven by an accelerating buildout of AI infrastructure, according to Goldman Sachs Commodities Research. Read more: https://t.co/9b0p9toWK0
Data Center Construction Starts for the U.S. and Canada
Since we track projects at the building level, figures for previous quarters may increase as additional buildings within existing campuses break ground.
4/ $BCE guides revenue from H2 2027 and at full run-rate project wil generate ~$500M / ~$400M EBITDA / >$250M FCF and ~20% IRR at full run rate. Bulk of power secured through SaskPower and TransGas. The site sits right by a SaskPower substation.
1/ As Cerebras $CBRS heads into its IPO tomorrow, our team @aterio_io confirmed via satellite imagery that construction began two weeks ago on Bell $BCE Canada’s 300 MW Sherwood, SK AI data center campus, where Cerebras and CoreWeave $CRWV are signed as long-term tenants.
3/ Total project value runs higher. CIC Minister Jeremy Harrison at the announcement: "The total value of the project will be about $12 billion, including the cost of the chips".
@edzitron If you sum Announced + Construction pipeline our coverage is almost double.
We have a team of analysts monitoring every project at the building level with latest satellite.
Also thats US only my bad, we don't include Canada in that dashboard.
People are really under estimating the amount of data centers under construction.
As of May, there are ~58 GW of capacity under construction across US.
And yes, this are ALL confirmed with latest satellite imagery.
https://t.co/NMVumV9n9f
Based on the latest filling from early march 23 buildings
each in the ~175 MW range, roughly ~12M sqft total DC footprint.
This campus broke ground back in January, but their 2026 timeline seems to be too tight.
Sharing the equipment they plan to use to generate the power.
Google growing aggressively in Texas. Expect more projects disclosures from them.
Aterio's dataset shows "the data center pipeline of announced projects has grown to 2,970 as of early March, reflecting continued planning activity across the nation" (h/t @JaviR97)
Select highlights:
>Google: New Wilbarger County, Texas campus announced as part of its $40 billion state expansion.
>Amazon Spectrum: Proposed 21-building campus in Hood County, Texas, likely powered by Comanche Peak.
>Nebius: Added Oklahoma and Minnesota to its U.S. data center pipeline.
>Amazon Tree: Planned 16-building campus at Wallula Gap across 500 acres.
>Crusoe Warrenton: Conditional use approved for two 805,000-square-foot buildings.
>Project Horizon: March imagery shows major site clearing near Fort Stockton, Texas.
>Project Jarvis: Proposed Florida campus withdrawn amid tougher legislative backdrop.
>Project Ruby: $5 billion, 600 megawatt campus announced in Columbus, Georgia., 600 megawatt data center campus in Columbus, Georgia, with four buildings planned across about 900 acres.
@anissagardizy8 Market reading this as a pullback from phase 2, which is buildings 3-8.
Looks more like they pulled back from phase 3. Which mainstream media didn’t cover as much.
2 x 738,382 (336 MW) each building.
https://t.co/EHgcfRBBvi
@anissagardizy8 Market reading this as a pullback from phase 2, which is buildings 3-8.
Looks more like they pulled back from phase 3. Which mainstream media didn’t cover as much.
2 x 738,382 (336 MW) each building.
https://t.co/EHgcfRBBvi