Data Center Capital Atlas Update: September 8, 2026

This data center capital atlas update records what changed in the North American Data Center Capital Atlas, SAVRN’s primary-sourced record of who is funding data center capacity in North America, in what structure, at which site, and how much of that capital has been stopped. The atlas is refreshed every Tuesday, Thursday, and Saturday, and each refresh publishes a note like this one recording exactly what changed.

Where the record stands

Announced capital across the tracked cohort is reported as disclosed and is never summed into a single deployment figure: site commitments overlap one another and overlap reported capital expenditure. Blocked-and-delayed totals from different trackers cover different windows and definitions and are shown side by side rather than added.

Capital at risk, added this period

• Bow data center (former Merrimack Station site), State of New Hampshire (NH). Size and capital cost not disclosed. Governor Kelly Ayotte said on 2 September 2026 that she opposes the proposed Bow hyperscale data center and any data center in New Hampshire, and that she will include a multi-year moratorium in her next state budget proposal, which would not take effect before July 2027. She said an executive order could impose a ban sooner. State House Democrats separately announced plans to file 24-month moratorium legislation for the 2027 session. The project is at feasibility-study stage: Eversource Energy is conducting a study at Granite Shore Power’s request for a hyperscale data center tied to the Bow coal plant that ceased operating in 2025. No moratorium has been enacted and no formal application has been filed. (New Hampshire Public Radio)
• Trenton data center ban charter amendment, City of Trenton, Butler County (OH). Charter amendment would prohibit data centers over 25 MW; AWS annexation covers 601 acres; dollar figures not disclosed. Five residents petitioned for a charter amendment prohibiting construction of data centers over 25 megawatts in city limits. The Butler County Board of Elections verified 336 signatures; the city council refused to certify the petition, reading its charter to require signatures from 10% of all electors rather than the lower Ohio Constitution standard of 10% of those who voted in the last municipal election. On 1 September 2026 the Ohio Supreme Court granted a writ of mandamus directing the council and Mayor Ryan Perry to certify the petition to the board of elections. On 3 September 2026 the council passed an emergency ordinance placing the ban on the 3 November 2026 general election ballot. An Amazon Web Services proposal to annex 601 acres from Madison and St. Clair Townships drew formal objections from both townships, with a merits hearing set for 15 September 2026. A Prologis data center on the south side of the city remains under construction. (WCPO)
• Ashville EdgeConneX campus referendum, Village of Ashville, Pickaway County (OH). Two single-story data centers and a natural gas power plant; capital cost and megawatts not disclosed. Ashville village council adopted a preliminary agreement with EdgeConneX in April 2026 as an emergency resolution, making it effective immediately and waiving the standard 30-day period before a referendum could be sought. Residents submitted referendum signatures in May 2026; the village fiscal officer refused to forward the petition in June 2026. On 7 August 2026 the Ohio Supreme Court decided State ex rel. McNamara-Smith v. Grube, 2026-0906, 6-1, holding that the emergency resolution did not explain why a 30-day delay would obstruct the project, and directed fiscal officer April Grube to submit the petition to the Pickaway County Board of Elections for placement on the 3 November 2026 ballot. The court noted the board of elections may still determine whether the resolution was an administrative action not subject to referendum. (Court News Ohio)
• Zeeland Township moratorium and PA 233 challenge, Zeeland Township, Ottawa County (MI). Capital cost and megawatts not disclosed. The Zeeland Township board unanimously approved a one-year moratorium on data centers and energy facilities, repealing and replacing an earlier moratorium at the same meeting, to allow the township to review and update its master plan. Supervisor Kerri Bosma said the township had no pending data center or energy facility applicants. The township sued in July 2026 challenging Michigan’s PA 233 siting law as unconstitutional; RWE Americas filed a notice of removal in August 2026 transferring the case from Ottawa County Circuit Court to the U.S. District Court for the Western District of Michigan, and the township moved to remand. RWE’s Silver Maple Solar application before the Michigan Public Service Commission was suspended in July 2026 at the company’s request. (FOX 17 West Michigan)

Capital at risk, added this period, newly verified from earlier periods

These entries were added in this cycle but their own dates fall before the current month. They are documentation catching up, not new activity.

• CRG Festus campus litigation, City of Festus, Jefferson County (MO). $6B / 361 acres; megawatts not disclosed. Wake Up Jeffco LLC, Sherman Doyle, Vernon Valish, Sharon Valish and Rozilyn Daniels filed suit on 8 April 2026 in St. Louis County Circuit Court against the City of Festus and CRG Acquisition LLC, seeking to stop the project by invalidating the city’s rezoning decisions and its development agreement. The suit followed the council’s 6-2 approval of the development agreement on 30 March 2026. Motions to dismiss had been filed and answered as of mid-June 2026, and as of 12 June 2026 no construction plans or permit requests had been submitted. The council separately voted 5-2 on 24 August 2026 to annex three additional parcels for the project. (Leader Publications)

Sites added this period, newly verified from earlier periods

These entries were added in this cycle but their own dates fall before the current month. They are documentation catching up, not new activity.

• NC-1 campus, Madison (Madison, NC). 24 MW, operating. WhiteFiber’s flagship North Carolina campus. On 18 December 2025 its Enovum Data Centers Corp. subsidiary signed a 10-year agreement with Nscale Global Holdings for 40 MW of critical IT load deployed in two 20 MW phases, carrying approximately $865 million of contracted revenue over the initial term including 3 percent annual escalators and required non-recurring installation services. (SEC Form 8-K exhibit 99.1 (Nscale agreement))
• NC-2 and NC-3 campuses, Yadkin County (Yadkinville, NC). $60M, 60 MW, announced. WhiteFiber’s subsidiary Enovum Data Centers Corp. entered a definitive agreement on 17 August 2026 to acquire two industrial properties in Yadkin County, North Carolina, roughly 55 miles from the NC-1 campus in Madison, to be retrofitted into data center campuses. WhiteFiber is targeting initial ready-for-service capacity in the third quarter of 2027, with the transaction expected to close in the fourth quarter of 2026. The company cited non-binding letters of intent with investment-grade credit support and did not name prospective customers. (SEC Form 8-K exhibit 99.1)
• CRG Festus hyperscale campus (Festus, MO). $6.0B, announced. The Festus City Council approved the development agreement 6-2 on 30 March 2026 for a campus on approximately 361 acres north of Highway 67 and west of Highway CC. On 24 August 2026 the council voted 5-2 to annex three additional parcels totalling 6.55 acres. As of 12 June 2026 the mayor stated no construction plans or permit requests had been submitted. City Attorney Brian Malone said the deal is expected to generate $1.3 billion for the city, and that the project could produce $80 million a year for Festus and nearby taxing districts even with the five-year abatement. (St. Louis Public Radio)
• CyrusOne Freestone County campus (Freestone Energy Center) (Fairfield, TX). 380 MW, announced. Constellation announced on 9 February 2026 that Calpine LLC signed a 380 MW agreement with CyrusOne to connect and serve a new data center adjacent to the Freestone Energy Center in Freestone County, Texas, and that Calpine had entered an exclusive agreement to provide power, grid connectivity and site infrastructure for a Phase 2 of an additional 380 MW. Constellation stated the arrangement is structured so electricity continues to flow to the regional grid. The agreements are in addition to 400 MW of Calpine-CyrusOne agreements at the Thad Hill Energy Center in Bosque County, Texas. (Constellation Energy)

Financing transactions added this period, newly verified from earlier periods

These entries were added in this cycle but their own dates fall before the current month. They are documentation catching up, not new activity.

• WhiteFiber. convertible, $310.0 million principal amount of 5.00% Convertible Senior Notes due 2032; net proceeds of approximately $298.5 million; conversion price of approximately $33.84 per share. WhiteFiber closed an upsized private placement of $310.0 million principal amount of 5.00% Convertible Senior Notes due 2032. Concurrently it exchanged $198.15 million aggregate principal amount of its existing 4.500% Convertible Senior Notes due 2031 for approximately $118.5 million of cash plus approximately 6.3 million ordinary shares. Stated uses include data center expansion, leasing and purchase of property, facility construction, energy agreements, GPU server equipment, potential acquisitions and partnerships, and working capital. (SEC Form 8-K exhibit 99.3)
• WhiteFiber and Enovum Data Centers. acquisition, $60.0 million cash purchase price for two industrial properties. WhiteFiber’s subsidiary Enovum Data Centers Corp. entered a definitive agreement to acquire two industrial properties in Yadkin County, North Carolina, designated NC-2 and NC-3, to be retrofitted into data center campuses providing a combined minimum of 60 MW of initial gross utility capacity with potential to support approximately 200 MW over time. Seller not named in the release. (SEC Form 8-K exhibit 99.1)
• WhiteFiber, Enovum Data Centers and Nscale Global Holdings. lease, Approximately $865 million of contracted revenue over the initial 10-year term, including contractual annual rate escalators and required non-recurring installation services. WhiteFiber, through Enovum Data Centers Corp., signed a 10-year agreement with Nscale Global Holdings for 40 MW of critical IT load at the NC-1 campus in Madison, North Carolina, deployed in two 20 MW phases, with 3 percent annual rate escalators on recurring service fees. (SEC Form 8-K exhibit 99.1)

How to read this

Every figure in the atlas links to the page that states it. Where a value could not be confirmed from a fetched source, the entry reads n.a. rather than an estimate, and roughly two-thirds of the capital-at-risk rows carry either a dollar figure or a megawatt figure but not both, because local rezoning dockets disclose acreage and square footage while investment figures come from economic-development announcements that a withdrawn project never makes. The dollar total of the rows that do disclose a figure is therefore a floor, not a census.

The atlas sits alongside two companion references: the Nationwide Data Center Delay Watchlist, which tracks project-level slippage, queues, and securities filings, and the U.S. Data Center Moratorium Tracker, which maps state and local policy measures. All citations behind this atlas are listed on one page.