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AIB Data Centers Secures Prepayment Funding for 50 MW CLT1 Campus

PUBT·11/10/2026 13:37:27
AIB Data Centers Secures Prepayment Funding for 50 MW CLT1 Campus
  • AIB Data Centers received its first draw from funded prepayments held in escrow for its CLT1 campus development.
  • Executed orders for backup generators, UPS systems and switchgear have delivery schedules aligned with construction.
  • CLT1 is expected to deliver 50 MW of critical IT capacity under an executed 12-year customer agreement.
  • Estimated development costs total $760-$780 million, including $630-$645 million for construction and $130-$135 million for land, contingency and financing.
  • Across contracted sites, projected annual stabilized net operating income totals approximately $90.5 million, based on Year 5 of executed customer agreements.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AIB Data Centers Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611100831PRIMZONEFULLFEED9874073) on November 10, 2026, and is solely responsible for the information contained therein.