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Empery–Hunt Midwest AI Data Center Conversion

United StatesPreconstruction
Evidence
Headline capacity
Not established in published records
Updated
Oct 28, 2026

Empery Digital and Hunt Properties are investing in a Midwest industrial facility for conversion to an AI data center. The existing power agreement supports approximately 150 MW, with a load study indicating a possible expansion to about 300 MW. Empery Digital and Hunt Properties is publicly identified in the project record for Midwest location undisclosed, US. The disclosed development record includes approximately 150 MW currently available under power agreement; tenant LOI; expansion study to approximately 300 MW. Power and infrastructure include existing substation and power-intensive industrial infrastructure slated for AI conversion. The facility has approximately 150 MW available under an existing utility power agreement. The available evidence does not establish a project-scoped operating or contracted capacity figure. The proposed property acquisition is approximately $230 million; Empery committed $65 million for a 25% interest, subject to closing conditions.

Capacity

Operating IT capacity: Not established in published records

A missing figure does not mean zero. Planned, utility and generation figures are not operating IT capacity.

Development

Development programAnnounced or preconstruction

Project-wide phase for Empery–Hunt Midwest AI Data Center Conversion; capacity remains classified as contracted supply.

Milestones (2)
Empery Midwest Facility project status and capacity disclosed

Jun 30, 2026 · Recorded actual event

Completed · Announced

Source not linked
Definitive investment agreement and tenant LOI; conversion planned

Date not disclosed · Forecast / planned record

Forecast · Forecast completion

Source not linked

Participants

Empery Digital

Investor

Sources by role
Investor (1)
Hunt Properties

Developer

Sources by role
Developer (1)

Capital & incentives

Financing records

Equity investment

$65m

Jun 30, 2026

Proposed 25% interest in the entity acquiring the Midwest property.

Parties & sources

Fluidstack (Sponsor)

Site & development

Location context

Actual

Midwest industrial facility | United States | precise boundary undisclosed

Source

Development scale

Actual

Approximately 150 MW currently available under power agreement

Source

Development milestone

Actual

Tenant LOI

Source

Technical specifications

Power arrangement

Actual

Expansion study to approximately 300 MW.

Source

Additional project facts

Lifecycle status

Actual

Preconstruction

Source

Boundary context

Actual

Midwest industrial facility | United States | precise boundary undisclosed

Source

Infrastructure & permits

Technical details (2)
Electric grid

Planned or represented

150 MW

The facility has approximately 150 MW available under an existing utility power agreement.

Site facility

Planned or represented

Existing substation and power-intensive industrial infrastructure slated for AI conversion.

Public-source research. Plans may change. See Evidence for sources and qualifications.