EverWind announces $10B investment in N.S. data centre campus, wind projects

EverWind, an energy and infrastructure company, has announced a $10 billion investment in a data centre campus at its existing Point Tupper site near Port Hawkesbury, Nova Scotia. The funding includes $8 billion for the development and construction of the data centre, alongside $2 billion to advance the company's onshore wind projects.

EverWind CEO Trent Vichie expressed pride in the company's contribution to Nova Scotia's economy, stating it is the largest private investment in the province's history. The data centre will initially feature a 95-megawatt (MW) phase in late 2027, followed by a 325-megawatt expansion in 2028, depending on regulatory conditions. At full development, the campus is expected to reach 420 MW, meeting the growing demand for artificial intelligence and digital services.

To address concerns about electricity costs, EverWind plans to fund the electricity infrastructure of the project, preventing ratepayer increases. The data centre will incorporate several hundred megawatt hours of battery storage and a closed-loop cooling system using a water-glycol mixture. Premier Tim Houston emphasized the importance of increased compute power for healthcare, banking, banking, and business in Canada.

The investment is expected to create 2,000 construction jobs and 215 permanent operating positions, with indirect jobs as well. Nova Scotia's cooler climate is expected to reduce water usage for cooling, with an estimated 100,000 liters per day during the initial phase and 500,000 liters per day at full capacity.