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Cartis diligence evidence schedule

DataVolt Oxagon Net-Zero AI Factory

PRJ-0282 · Site · Oxagon / NEOM, Saudi Arabia

Record last updated Oct 28, 2026

Scope and capacity

DataVolt announced on August 31, 2026 that construction was underway on the 360 MW first phase of its planned 1.5 GW Oxagon campus. HUMAIN and DataVolt plan to jointly develop a 100 MW tranche within that first phase, anticipated to be operational in 2028. The new primary phase-one figure is distinct from the older reported 300 MW estimate and is not operating capacity. The physical campus is in Oxagon / NEOM, Saudi Arabia, on land to be leased by Oxagon.

Headline: 1,500 MW Planned / design

Numbers refer to their stated physical boundaries and are not added together. Source dates, claim dates and record updates have different meanings. Missing dates and locators are not inferred.

Campus planned power envelope · 1,500 MW

Planned / design or future potential · DataVolt Oxagon Net-Zero AI Factory (Project)

Claim 26934 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

Headline treatment: Selected headline

  1. DataVolt plans 1.5GW data center campus in NEOM's Oxagon

    Data Center Dynamics · Document date: Feb 11, 2025 · Corroborating

    Source reference: SRC-1518 · News report · Recorded authority: Secondary

    Source URL

    https://www.datacenterdynamics.com/en/news/datavolt-plans-15gw-data-center-campus-in-neoms-oxagon/

  2. DataVolt and NEOM to develop region's first net-zero AI factory campus

    NEOM · Document date: Feb 10, 2025 · Primary

    Source reference: SRC-1514 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.neom.com/en-us/newsroom/datavolt-signs-agreement-with-neom

  3. NEOM, DataVolt launch sustainable AI project in Oxagon

    Saudi Press Agency · Document date: Feb 10, 2025 · Corroborating

    Source reference: SRC-1515 · Government record · Recorded authority: Official primary

    Source URL

    https://www.spa.gov.sa/en/N2259124

  4. DataVolt corporate breaking news

    DataVolt · Document date: Not stated · Corroborating

    Source reference: SRC-1516 · Company announcement · Recorded authority: Party primary

    Source URL

    https://data-volt.com/media/breaking-news/

  5. DataVolt company and sustainability overview

    DataVolt · Document date: Not stated · Corroborating

    Source reference: SRC-1517 · Company announcement · Recorded authority: Party primary

    Source URL

    https://data-volt.com/

  6. Oxagon region overview

    NEOM · Document date: Not stated · Corroborating

    Source reference: SRC-1520 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.neom.com/en-us/regions/oxagon

Phase 1 initial investment commitment · $5 billion

Actual · DataVolt Oxagon Net-Zero AI Factory (Project)

Claim 26936 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. DataVolt and NEOM to develop region's first net-zero AI factory campus

    NEOM · Document date: Feb 10, 2025 · Primary

    Source reference: SRC-1514 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.neom.com/en-us/newsroom/datavolt-signs-agreement-with-neom

  2. NEOM, DataVolt launch sustainable AI project in Oxagon

    Saudi Press Agency · Document date: Feb 10, 2025 · Corroborating

    Source reference: SRC-1515 · Government record · Recorded authority: Official primary

    Source URL

    https://www.spa.gov.sa/en/N2259124

Phase 1 operations target · 2028

Actual · DataVolt Oxagon Net-Zero AI Factory (Project)

Claim 26937 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. DataVolt and NEOM to develop region's first net-zero AI factory campus

    NEOM · Document date: Feb 10, 2025 · Primary

    Source reference: SRC-1514 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.neom.com/en-us/newsroom/datavolt-signs-agreement-with-neom

  2. NEOM, DataVolt launch sustainable AI project in Oxagon

    Saudi Press Agency · Document date: Feb 10, 2025 · Corroborating

    Source reference: SRC-1515 · Government record · Recorded authority: Official primary

    Source URL

    https://www.spa.gov.sa/en/N2259124

Land tenure · Lease from oxagon

Actual · DataVolt Oxagon Net-Zero AI Factory (Project)

Claim 26938 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. DataVolt and NEOM to develop region's first net-zero AI factory campus

    NEOM · Document date: Feb 10, 2025 · Primary

    Source reference: SRC-1514 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.neom.com/en-us/newsroom/datavolt-signs-agreement-with-neom

Renewable power ambition · 100 percent

Actual · DataVolt Oxagon Net-Zero AI Factory (Project)

Claim 26939 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. DataVolt and NEOM to develop region's first net-zero AI factory campus

    NEOM · Document date: Feb 10, 2025 · Primary

    Source reference: SRC-1514 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.neom.com/en-us/newsroom/datavolt-signs-agreement-with-neom

Net zero design ambition · True

Source report · DataVolt Oxagon Net-Zero AI Factory (Project)

Claim 26940 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. DataVolt and NEOM to develop region's first net-zero AI factory campus

    NEOM · Document date: Feb 10, 2025 · Primary

    Source reference: SRC-1514 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.neom.com/en-us/newsroom/datavolt-signs-agreement-with-neom

Advanced cooling planned · True

Source report · DataVolt Oxagon Net-Zero AI Factory (Project)

Claim 26941 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. DataVolt and NEOM to develop region's first net-zero AI factory campus

    NEOM · Document date: Feb 10, 2025 · Primary

    Source reference: SRC-1514 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.neom.com/en-us/newsroom/datavolt-signs-agreement-with-neom

  2. DataVolt corporate breaking news

    DataVolt · Document date: Not stated · Corroborating

    Source reference: SRC-1516 · Company announcement · Recorded authority: Party primary

    Source URL

    https://data-volt.com/media/breaking-news/

Subsea fiber access context · True

Source report · DataVolt Oxagon Net-Zero AI Factory (Project)

Claim 26942 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. DataVolt and NEOM to develop region's first net-zero AI factory campus

    NEOM · Document date: Feb 10, 2025 · Primary

    Source reference: SRC-1514 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.neom.com/en-us/newsroom/datavolt-signs-agreement-with-neom

  2. Oxagon region overview

    NEOM · Document date: Not stated · Corroborating

    Source reference: SRC-1520 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.neom.com/en-us/regions/oxagon

Construction start verified · False

Source report · DataVolt Oxagon Net-Zero AI Factory (Project)

Claim 26943 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. DataVolt and NEOM to develop region's first net-zero AI factory campus

    NEOM · Document date: Feb 10, 2025 · Primary

    Source reference: SRC-1514 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.neom.com/en-us/newsroom/datavolt-signs-agreement-with-neom

  2. DataVolt corporate breaking news

    DataVolt · Document date: Not stated · Corroborating

    Source reference: SRC-1516 · Company announcement · Recorded authority: Party primary

    Source URL

    https://data-volt.com/media/breaking-news/

Customer identity public · False

Source report · DataVolt Oxagon Net-Zero AI Factory (Project)

Claim 26944 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. DataVolt and NEOM to develop region's first net-zero AI factory campus

    NEOM · Document date: Feb 10, 2025 · Primary

    Source reference: SRC-1514 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.neom.com/en-us/newsroom/datavolt-signs-agreement-with-neom

Host region type · Industrial development

Actual · DataVolt Oxagon Net-Zero AI Factory (Project)

Claim 26945 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. DataVolt and NEOM to develop region's first net-zero AI factory campus

    NEOM · Document date: Feb 10, 2025 · Corroborating

    Source reference: SRC-1514 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.neom.com/en-us/newsroom/datavolt-signs-agreement-with-neom

  2. Oxagon region overview

    NEOM · Document date: Not stated · Primary

    Source reference: SRC-1520 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.neom.com/en-us/regions/oxagon

Counterparties and capital

DataVolt · Developer, Operator · CMP-0754

This schedule captures public Cartis research. It is not a title, lien or legal-opinion report. Document page/section locators and claim review timestamps are included only when published; this version has no separate locator or claim-review-time feed.