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EverWind says $10B AI data centre proposal largest private investment in N.S. history

The plan includes $8 billion for the campus and $2 billion for wind projects, and it is expected to create 2,000 construction jobs and 215 permanent positions.

  • On Friday, EverWind announced a $10 billion plan to build an AI data centre and expand wind energy in Point Tupper, Nova Scotia, marking the largest privately funded investment in the province's history.
  • The investment allocates $8 billion for the data centre campus and $2 billion for onshore wind projects, creating 2,000 construction jobs and 215 permanent positions.
  • An unnamed "leading frontier" AI developer signed a 20-year lease for 100% of Phase 1 capacity, while a Mi'kmaq consortium led by Membertou First Nation holds 51% ownership of the 650-megawatt wind facilities.
  • EverWind pledged to fully fund electricity infrastructure costs, ensuring existing ratepayers face no project-related price increases, while employing a closed-loop cooling system to minimize water usage.
  • Phase 1 targets late 2027 with a 325-megawatt expansion planned for 2028; the full 420-megawatt campus aims to expand Canada's domestic computing capacity to meet growing artificial intelligence demand.
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The Toronto StarThe Toronto Star
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EverWind to Announce Historic Private Investment in Point Tupper and Nova Scotia Energy Portfolio

Point Tupper, Nova Scotia, Oct. 16, 2026 (GLOBE NEWSWIRE) -- EverWind will make a milestone announcement at its Point Tupper Industrial Site on Friday, October 16, 2026. This landmark investment

·Toronto, Canada
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Halifax Examiner broke the news in Halifax, Canada on Thursday, October 15, 2026.
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