JERA will feed a 400-megawatt AI data center costing more than $15 billion directly from its Chiba gas plant, with Apollo lined up to finance it. A 15-to-25-year supply contract gives JERA a long-dated buyer while the developer and its backer carry the construction bill.
Perspective Coverage
4 publishers
- Builder
- Builder 19%
- Operator
- Operator 41%
- Investor
- Investor 40%
Reality
- Evidence65
- Adoption10
- Hype gap+35
- Incentives70
- Confidence60
Aligned has started work on a 2GW campus in Shippingport whose electricity is meant to come from a gas plant its landlord has promised. The tenant's first megawatt now depends on that build.
Reality
- Evidence45
- Adoption30
- Hype gap+35
- Incentives75
- Confidence40
SemiAnalysis tracked 6,000 sites by satellite and found 20 gigawatts of planned data center capacity inside restricted local boundaries, of which 1.5 is held up. New York's order adds 0.8, for 2.3 against 38 gigawatts due in 2027.
Reality
- Evidence55
- Adoption72
- Hype gap+12
- Incentives85
- Confidence48
Berkeley Lab counts 2,061 GW waiting to interconnect, and a wait that has grown by 25 months since 2015. The executives selling the bypass say buyers pay for it inside compute pricing.
Reality
- Evidence52
- Adoption24
- Hype gap+34
- Incentives84
- Confidence44
Behind-the-meter generation, a co-located gas plant and closed-loop cooling are becoming standard kit for AI sites that will not wait for ERCOT. The fuel description is less settled than the megawatts.
Reality
- Evidence28
- Adoption10
- Hype gap+46
- Incentives82
- Confidence45
Eagle Point's $1.3bn mezzanine slice closes phase one of Nexus's Hubbard campus. Google guarantees the senior debt. Anthropic signs as tenant and owns none of it.
Reality
- Evidence42
- Adoption55
- Hype gap+22
- Incentives70
- Confidence45