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AIB Data Centers Inc.
AIB Data Centers announced its AI and high-performance computing data center development business, securing 120 MW of contracted utility power and its first 50 MW customer agreement as of October 2026. The company is expanding through five development sites including CLT1, utilizing a funding model based on customer prepayments and project-level financing rather than corporate equity. For Q2 2026, the company reported revenue of $2.91 million and a net loss of $3.48 million.…more
AIB Data Centers Inc.
AIB Data Centers has signed a 12-year agreement with Nebius for 50 MW of IT capacity at its CLT1 campus. The company also expanded its total contracted utility power capacity from 65 MW to approximately 120 MW through a strategic acquisition in Texas and stated that it does not anticipate requiring corporate-level common equity to fund the development of CLT1.…more
AIB Data Centers Inc.
AIB Data Centers has entered into a binding 12-year agreement with Nebius to provide 50 MW of critical IT capacity at its facility in the southeastern United States. The company plans to fund development costs through customer prepayments, project-level debt, and preferred equity, aiming to significantly reduce the need for common equity and limit shareholder dilution.…more
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AIB Data Centers Appoints New VP of Public Affairs
AIB Data Centers has appointed former NextEra veteran Pierre DuBois as Vice President of Public Affairs. This move aims to strengthen the company's capabilities in permitting and community engagement to accelerate infrastructure development.…more
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AIB Data Centers announced that its management will host a virtual investor webinar to discuss the company's business strategy and growth opportunities. This event is a standard corporate presentation and does not contain specific material updates such as new contracts or financial results.…more
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AIB Data Centers has secured a 12-year contract with Nebius and expanded its power capacity through a strategic acquisition in Texas. The company plans to fund its CLT1 development through customer prepayments and project-level financing, avoiding the need for corporate-level common equity.…more
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