EverWind today announced plans for more than $10 billion in private investment in a data centre campus at its existing Point Tupper industrial site and new wind power generation in Nova Scotia.
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EverWind → announce → Scotia
The planned investment includes more than $8 billion to develop, construct, own, and finance the campus, alongside $2 billion to advance EverWind’s Nova Scotia onshore wind portfolio.
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investment → plan → portfolio
The combined project portfolio represents the largest privately funded investment in Nova Scotia history and is expected to support approximately 2,000 construction positions across the staged build-out and 215 permanent operating positions across the data centre campus and wind portfolio.
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portfolio → combine → campus
According to projections performed by Davis Pier, the full data centre development is expected to generate approximately $2 billion in provincial GDP during construction, including approximately $2.4 billion in direct construction spending in Nova Scotia.
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development → accord → Scotia
At full operation, the campus is expected to generate approximately $137 million in provincial GDP annually.
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campus → expect → GDP
Provincial corporate income tax is projected at approximately $1.5 billion over the initial 20-year term.
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tax → project → term
EverWind has reached a long-term lease agreement with a leading frontier AI developer for the initial phase of the Point Tupper campus.
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EverWind → reach → campus
The development is advancing with commitments to protect existing electricity ratepayers, safeguard local water resources, and deliver lasting community benefits.
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development → advance → benefits
EverWind will fund the electricity infrastructure costs attributable to the project and work with all partners to establish a community benefit program worth tens of millions of dollars.
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EverWind → fund → dollars
As of today, EverWind is pleased to join other project partners as a signatory to the Government of Canada’s Responsible Data Centre Development Principles.
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EverWind → join → Principles
EverWind also fully endorses the conditions established by the Province of Nova Scotia and is committed to meeting — and where possible, exceeding — those expectations as the project advances.
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project → endorse → expectations
“Point Tupper has supported industry in the Strait Region for more than 50 years.
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Tupper → support → years
Today’s announcement represents major new investment in Nova Scotia’s digital and energy infrastructure and highlights the role Nova Scotians can play in driving Canada’s renewed economic ambitions, marking a new chapter for the site and creating opportunities for rural Nova Scotia,” said Trent Vichie, Founder and CEO of EverWind.
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Vichie → represent → EverWind
“For decades, Nova Scotians have helped build major projects across Canada, often leaving home to find well-paying work.
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Scotians → help → work
With this investment, we’re creating more opportunities for people to find jobs and build their careers at home in rural Nova Scotia.”
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people → create → Scotia
“Responsible development means protecting ratepayers, safeguarding local water resources and delivering lasting benefits for communities,” Vichie added.
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Vichie → mean → communities
“We applaud the federal and provincial governments for setting high standards for responsible development, and we will continue to work with communities to ensure that our work meets their expectations.
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work → applaud → expectations
Nova Scotians should expect us to demonstrate that we can protect ratepayers, safeguard local resources and deliver lasting community benefits, and we intend to be accountable for those commitments,” Vichie said.
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Vichie → expect → commitments
The campus is planned to begin with an initial 95-megawatt (MW) phase in late 2027, followed by a 325 MW expansion targeted for 2028, subject to applicable commercial, technical, and regulatory conditions.
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campus → plan → conditions
At full development, the 420 MW campus would expand Canada’s domestic computing capacity to meet growing demand for artificial intelligence and digital services.
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campus → expand → intelligence
The $2 billion wind investment will support four projects in EverWind’s existing Nova Scotia portfolio: Bear Lake, Windy Ridge, Kmtnuk and Upper Afton.
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investment → support → portfolio
These projects will add new renewable electricity generation in Nova Scotia to help meet growing industrial demand, including demand from the Point Tupper campus.
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projects → add → campus
The data centre development will complement EverWind’s plans for green hydrogen and ammonia at Point Tupper, allowing its renewable energy portfolio and industrial infrastructure to serve multiple long-term markets.
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portfolio → complement → markets
EverWind’s commitment to advancing its green hydrogen and ammonia projects remains unchanged.
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commitment → advance → projects
The project is committing dedicated funding for community benefits across the Strait Region through a substantial community development program, valued in the tens of millions of dollars for the initial phase of the project.
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project → commit → project
The fund and its priorities will be developed in collaboration with local communities and the customer.
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fund → develop → communities
Proposed priorities include local infrastructure and recreation facilities, health and housing initiatives, workforce development, and regional economic growth.
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priorities → include → facilities
In addition to this dedicated funding, the combined data centre and wind development is projected to generate over $400 million in municipal tax revenues over the respective project lives, providing long-term revenue for host municipalities.
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centre → project → municipalities
Negotiations are underway with a First Nations consortium led by Membertou Development Corporation for an ownership stake in the data centre campus, subject to completion of the applicable agreements.
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Negotiations → lead → agreements
Energy infrastructure and ratepayer protection
EverWind is committed to ensuring that the developments do not cause project related increases to electricity rates for existing customers.
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developments → commit → customers
The company will fully fund all connection, network upgrade and other electricity-system costs attributable to the development, so those costs are not passed on to Nova Scotia ratepayers.
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costs → fund → ratepayers
The campus investment also includes several hundred megawatt hours (MWh) of battery storage to support the facility and help manage demand on Nova Scotia’s electricity grid.
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investment → include → grid
The campus will be designed to reduce or stop drawing electricity from the grid when necessary to protect reliability while maintaining operations.
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campus → design → operations
Together, wind investment, battery storage, and ability to reduce grid demand will provide flexibility to manage the campus’s electricity needs and support the integration of renewable energy.
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investment → reduce → energy
The campus could also provide long-term demand for additional onshore and offshore wind development and transmission initiatives such as Wind West.
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campus → provide → West
The project’s electricity-system impacts are being assessed through provincial system-planning and utility processes, including analysis of system costs, reliability, and impacts on other customer classes.
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impacts → assess → classes
The planned expansion will not be connected to the grid until the required system studies and approvals are complete.
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studies → plan → grid
The campus will use a closed-loop cooling system in which a water–glycol mixture circulates through a sealed loop rather than being routinely discharged.
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mixture → use → loop
Heat will be removed primarily using air, with water-assisted cooling used during the hottest weather.
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cooling → remove → weather
Nova Scotia’s cooler climate reduces cooling-water requirements for much of the year.
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climate → reduce → year
…and 26 more, not listed.