press release

Hut 8 Signs 15-Year, 245 MW AI Data Center Lease at River Bend Campus with Total Contract Value of $7.0 Billion

Dec 17, 2025
Posted by  Hut 8

  • 15-year 245 MW IT lease valued at $7.0 billion over the base term and up to $17.7 billion if all renewal options are exercised
  • Google providing a financial backstop covering obligations for the 15-year base lease term
  • Hut 8 to implement an institutional-grade execution model designed to de-risk project delivery with blue-chip counterparties—Entergy (NYSE: ETR), J.P. Morgan (NYSE: JPM), Goldman Sachs (NYSE: GS), Vertiv (NYSE: VRT), and Jacobs (NYSE: J)
River Bend Data Center: Preliminary Rendering
River Bend Data Center: Preliminary Rendering
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