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Beacon Point

Project of Hut 8

Kind
datacenter
Location
Nueces County, Texas
County
Nueces
State/region
TX
Country
US
Status
under construction as of October 16, 2026

Where it stands

Hut 8 has begun Phase 1 construction at its 1 GW Beacon Point AI data center campus in Nueces County, Texas, with the first data hall expected in Q3 2027. TDLR records show a roughly $399 million building project with estimated completion on Nov. 5, 2027. No capacity is in service yet; the campus is fully leased, with a second 352 MW IT lease for Phase 2, and the Phase 1 MW is not stated in the passages.

1,000 MW planned

PhaseMWStatusDateSource
Phase 1under construction2027-09-30The company also began Phase 1 construction at its Beacon Point campus, with the first data hall scheduled for delivery in the third quarter of 2027.
2026-10-03 View cached copy (2026-10-05)Live source ↗Archive.org ↗
Phase 2 (second lease)352plannedHut 8 announced commercialization of the second phase of its 1 gigawatt Beacon Point campus in Texas through a second 15 year lease for 352 megawatts of IT capacity
2026-10-01 View cached copy (2026-10-03)Live source ↗

Assessed October 18, 2026 from the newest filings, releases and reporting that name this project (newest relied on: October 16, 2026).

Capacity

What has actually been delivered, against what has been promised. Each figure links to the statement it came from.

StageCapacityAs ofSource
Energized power flowing today1,000 MW2026-09-16Beacon Point data center capacity
Contracted a customer is on the hook704 MW2026-10-01Beacon Point campus total contracted capacity
Under construction1,000 MW2026-09-01Beacon Point Data Center 1GW facility
Permitted--
Interconnect approved utility has agreed to deliver1,000 MW2026-09-28Beacon Point 1,000 MW AEP Texas interconnection
Interconnect requested in a queue, nothing approved--
Announced a press-release figure1,000 MW2026-10-01Beacon Point campus planned scale

Who has claimed this site

Capacity commitments in the order they were announced. A commitment that ended shows why.

2026-07-01
Nvidia - anchor tenant · 15-year term source
2026-08-31
Anthropic - tenant · 350 MW source
2026-09-01
Undisclosed counterparty (one or more) - tenant · 15-year term source
Probably Lambda (0 days apart) our guess
Our inference, not a disclosure. Lambda announced 704 MW at Beacon Point on 2026-09-01, and this site disclosed an unnamed commitment of 704 MW on 2026-09-01 -- the same capacity 0 day(s) apart. The likeliest reading is one deal described twice, so the capacity is counted once and attributed to neither. It could still be a second undisclosed party; if a source names one, this becomes a fact and the capacity returns.
2026-09-01
Lambda - operator source
2026-09-01
Lambda - tenant · 704 MW source

Claims about this project

2026-05-01 - stated
2026-05-01 - verified
2026-05-05 - stated
2026-05-06 - stated
Beacon Point AI data center - 352 MW capacity 352.0 MW. Promised by 2027-12-31.
2026-05-06 - verified
2026-05-06 - stated
2026-06-01 - stated
2026-06-03 - stated
2026-06-03 - stated
2026-06-03 - stated
2026-06-04 - stated
2026-06-04 - verified
Senior Secured Notes offering 4250000000.0 USD. Promised by 2026-06-09.
2026-06-05 - verified
Beacon Point DC senior secured notes offering 4.25 billion USD. Promised by 2026-06-09.
2026-06-05 - stated
2026-06-09 - stated
2026-06-09 - stated
Senior secured notes offering 4250.0 million USD. Promised by 2042-11-30.
2026-07-01 - stated
2026-07-01 - stated
2026-07-01 - stated
2026-07-19 - stated
2026-07-19 - stated
2026-07-19 - stated
2026-07-19 - stated
2026-07-19 - stated
2026-07-19 - stated
2026-07-19 - stated
2026-07-19 - stated
Beacon Point Initial Energization. Promised by 2027-03-31.
2026-07-20 - stated
$9.8B Beacon Point lease 9800000000.0 USD.
2026-07-20 - stated
Beacon Point second 15-year lease 352 MW 352.0 MW. Promised by 2027-03-31.
2026-07-20 - verified
2026-07-20 - stated
2026-07-20 - stated
Beacon Point 15-year IT lease 352.0 MW. Promised by 2041-07-20.
2026-07-20 - stated
2026-07-20 - stated
2026-07-20 - stated
2026-07-20 - stated
2026-07-20 - stated
2026-08-03 - stated
2026-08-03 - stated
2026-08-03 - stated
2026-08-03 - stated
2026-08-03 - stated
2026-08-03 - stated
2026-08-03 - stated
2026-08-03 - stated
2026-08-03 - stated
2026-08-04 - stated
Beacon Point first data hall online. Promised by 2027-09-30.
2026-08-04 - stated
2026-08-04 - stated
2026-08-04 - stated
2026-08-04 - stated
2026-08-14 - withdrawn
2026-08-14 - stated
2026-08-14 - stated
2026-08-14 - stated
2026-08-14 - stated
2026-08-14 - stated
Beacon Point customer leases 19600000000.0 USD.
2026-08-14 - stated
Beacon Point phase 1 debt issuance 4250000000.0 USD. Promised by 2030-05-01.
2026-08-14 - stated
Beacon Point initial energization. Promised by 2027-01-01.
2026-08-18 - stated
2026-08-18 - stated
2026-08-18 - stated
2026-08-19 - stated
2026-08-20 - stated
2026-08-20 - stated
2026-08-20 - stated
Nvidia leases for Texas data center 50000000000.0 USD. Promised by 2056-08-20.
2026-08-20 - stated
2026-08-20 - stated
2026-08-20 - stated
2026-08-20 - stated
Beacon Point phase 2 lease with high-investment-grade tenant 9800000000.0 USD. Promised by 2041-08-20.
2026-08-20 - stated
2026-08-20 - stated
2026-08-20 - stated
2026-08-20 - stated
Nvidia long-term leases for Texas 1 GW facility 50000.0 USD. Promised by 2056-08-20.
2026-08-20 - stated
Beacon Point second phase 352 MW lease agreement 352.0 MW. Promised by 2041-08-20.
2026-08-21 - stated
2026-08-21 - stated
2026-08-21 - stated
2026-08-21 - stated
2026-08-21 - verified
$4.25B bond offering by Beacon Point DC 4250000000.0 USD. Promised by 2026-06-09.
2026-08-21 - stated
2026-08-21 - stated
2026-08-22 - stated
2026-08-22 - stated
Beacon Point backlog 19600000000.0 USD.
2026-08-22 - stated
2026-08-23 - stated
2026-08-23 - stated
2026-08-23 - stated
2026-08-23 - stated
2026-08-23 - stated
Beacon Point backlog 19.6 USD billions.
2026-08-23 - stated
Beacon Point 352 MW 15-year lease 9.8 USD. Promised by 2041-08-23.
2026-08-24 - stated
2026-08-24 - stated
2026-08-24 - stated
Beacon Point backlog 19600000000.0 USD.
2026-08-31 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
Beacon Point $4.25B senior secured notes due 2042 4.25 USD. Promised by 2042-12-31.
2026-09-01 - stated
Beacon Point Phase 1 construction financing 4250.0 USD. Promised by 2042-12-31.
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
Beacon Point data hall expansion. Promised by 2028-06-30.
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
Beacon Point construction debt 4.25 USD. Promised by 2042-12-31.
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
2026-09-01 - stated
Texas facility fully operational. Promised by 2028-12-31.
2026-09-01 - stated
2026-09-02 - stated
2026-09-02 - stated
2026-09-02 - stated
2026-09-02 - stated
2026-09-02 - stated
2026-09-07 - stated
2026-09-07 - stated
2026-09-07 - stated
2026-09-07 - stated
2026-09-07 - stated
2026-09-08 - stated
2026-09-09 - stated
2026-09-09 - stated
Beacon Point construction timeline. Promised by 2027-11-05.
2026-09-09 - stated
2026-09-09 - stated
2026-09-09 - stated
2026-09-11 - stated
2026-09-11 - stated
2026-09-11 - stated
2026-09-11 - stated
2026-09-11 - stated
Beacon Point initial energization. Promised by 2027-01-01.
2026-09-11 - stated
2026-09-11 - stated
2026-09-11 - stated
2026-09-11 - stated
2026-09-11 - stated
2026-09-11 - stated
2026-09-11 - stated
2026-09-11 - stated
2026-09-11 - stated
2026-09-15 - stated
2026-09-15 - stated
2026-09-15 - stated
2026-09-15 - stated
2026-09-15 - stated
Beacon Point data center building construction 399.0 USD. Promised by 2027-11-05.
2026-09-15 - stated
First Beacon Point 15-year lease for 352 MW 352.0 MW. Promised by 2041-05-06.
2026-09-15 - stated
Second Beacon Point 15-year lease for 352 MW 352.0 MW. Promised by 2041-07-20.
2026-09-15 - stated
Beacon Point $4.25 billion senior secured notes 4250.0 USD. Promised by 2042-11-30.
2026-09-16 - stated
2026-09-16 - stated
2026-09-16 - stated
2026-09-17 - stated
Campus energization targeted Q1 2027. Promised by 2027-03-31.
2026-09-17 - stated
2026-09-21 - stated
2026-09-22 - stated
2026-09-28 - stated
2026-09-28 - stated
2026-09-28 - stated
$4.25B Beacon Point bond 4250000000.0 USD.
2026-09-28 - stated
2026-09-28 - stated
2026-09-28 - stated
2026-09-28 - stated
2026-09-28 - stated
2026-09-28 - stated
2026-09-28 - stated
2026-09-28 - stated
2026-10-01 - stated
2026-10-01 - stated
2026-10-07 - stated
2026-10-08 - stated
2026-10-16 - stated
2026-10-16 - stated
Beacon Point estimated completion. Promised by 2027-11-05.
2026-10-16 - stated
2026-10-16 - stated
2026-10-16 - stated
2026-10-16 - stated